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Anil Ambani's Bankrupt Reliance Naval Up 600% In Record Winning Streak

Reliance Naval and Engineering shares haven't declined since September 9 The stock's parabolic advance is likely driven by speculators, say broker Despite recent gains, the company's shares are down 50% for the year

The revival of the shipyard is crucial for Anil Ambani
The revival of the shipyard is crucial for Anil Ambani
Reliance Naval and Engineering Ltd., part of the indebted Anil Ambani-led group, is enjoying a renaissance -- at least on India's stock market.
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