Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artificial intelligence and technology-driven businesses through its subsidiaries. The company renamed four subsidiaries to reflect the AI-focused strategy, boosting investor sentiment despite weak recent financial performance.

Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artificial intelligence and technology-driven…

Reliance Power's share price surged 18% to ₹24.84 after unveiling AI integration plans, reversing a four-day losing streak despite reporting a consolidated net loss for Q4.