The Supreme Court has ruled in favour of Mukesh Ambani, others in cases relating to alleged violation of takeover norms and price manipulation of Reliance Petroleum shares.
Ramco Industries gained 3.97% to Rs 292 after the company reported consolidated net profit of Rs 16.88 crore in Q2 FY25 as compared with net loss of Rs 4.15 crore in Q2 FY24.
In December 2023, SAT had quashed Sebi's 2021 order against Reliance, Mukesh Ambani, Mumbai SEZ and the Navi Mumbai SEZ.