Anil Ambani’s companies, Reliance Infrastructure and Reliance Power are making waves again on Dalal Street with a notable surge in stock prices. Over the past month, both stocks have rallied significantly, with Reliance Infra gaining 38% and Reliance Power 20%. The market buzz attributes this momentum to a medium-term sectoral pivot and renewed interest in core infrastructure and power projects.

Reliance Infrastructure’s involvement in metro rails, roads, and transmission, along with Reliance Power’s steady revival in the energy domain, signals a strategic repositioning for both firms. This comes amid efforts to deleverage and re-establish credibility following previous financial turbulence.

While investor sentiment appears bullish, analysts caution against viewing the rally as purely fundamental. Many believe the recent movement could be speculative and suggest a close watch on business execution and earnings in the upcoming quarters.