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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  Estd 2006 Corporate Strategy  |  AI Pivot & Power Infrastructure Reliance Power's AI Pivot (₹25.10): Rebranding, ₹9,000 Cr Capital, and a Policy Tailwind Arriving Right on Cue Four renamed subsidiaries. A ₹9,000 crore fundraise. And a state government simultaneously building the exact demand this pivot is betting on. On June 30, 2026, Reliance Power quietly filed one of the more consequential corporate-identity shifts in the Indian power sector this year. Four of its subsidiaries were renamed Reliance AI Green Power, Reliance AI Power, Reliance AI Data Control, and Reliance AI Data C — and the company formally added artificial intelligence and technology-enabled services to its business objects. This was not a data-centre announcement or a customer contract. It was...
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Mukhesh Ambani's Den Networks Ltd, failed to create any value for the investors.

Those who say Invest for long term in blue chip stocks in share market, they should read this post.

#Den #Networks #Ltd (Rs.49.95) came up with an IPO in October, 2009, with the price band of Rs.195 - 205. Photo: Latestly Hunt

The IPO of Den Networks listed on 24 November, 2009 at the lower band of Rs.195 and closed at the discount of around 16.36%. The Initial Public offer (IPO) was open on October 28, 2009 and closed on October 30, 2009. IPO was oversubscribed by 1.04 times (0.0963 times in retail).

The stock opened at Rs.195 and then rose to Rs.197, before closing at Rs.163.10.

Listing Day Trading Information at BSE

Issue Price: Rs.195.00
Open: Rs.195.00
Low: Rs.149.50
High: Rs.197.00
Last Trade: Rs.163.10
Volume: 7,730,791

Source: http://angelanalyst.com

The promoter's holding is still ~75%, while it is profitable company from the reputed Mukhesh Ambani group. But the current share price of Rs.49.95, is now almost (1/4)th the IPO price.

Interestingly, #Mukhesh #Ambani in March this year decided to sell close to 11.63% stake in Den Networks Ltd at a floor price of Rs.48.5 apiece through an offer for sale (OFS). What an Irony (for the India's richest man)!!

So, did it create any value for the investors during the last 10 years - plus of its existence?

A plain #NO...

Hence, there is no guarantee that blue chips, from the reputed business houses will deliver mind boggling returns in the long term.

Therefore, always take the help of experts in share market, to eke out a consistent return on your investment/s.

Join my Crorepati Scheme, if you have a portfolio Size of Rs.2/3 lakhs.

Comments

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