ADAG shares gain heavy volumes; RCapital, RInfra freeze at 5% upper circuit

Shares of Anil Dhirubhai Ambani Group (ADAG) companies were in focus with Reliance Capital (RCapital) and Reliance Infrastructure (RInfra) frozen at 5 per cent upper circuit on the BSE on Wednesday on the back of heavy volumes.

Reliance Power (RPower) and Reliance Naval and Engineering were up in the range of 2 per cent to 4 per cent after more than 10 million shares changed hands in these counters via block deals. In comparison, the S&P BSE Sensex was up 0.49 per cent at 35,088 points on the BSE.

RCapital was locked in the upper circuit of 5 per cent at Rs 13.35, surging 65 per cent in the past 11 trading days. The trading volumes on the counter jumped nearly eight-fold with a combined 14 million shares changing hands on the NSE and BSE so far.