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Reliance Infrastructure Limited ( (IN:RELINFRA) ) has shared an announcement.
Reliance Infrastructure Limited clarified that recent actions by the Central Bureau of Investigation on Reliance Communications Limited and Mr. Anil D Ambani have no impact on its operations, financial performance, or stakeholders. The company emphasized its independence from Reliance Communications, noting that Mr. Ambani has not been on its board for over 3.5 years, and it remains committed to its business plans and stakeholder value.
More about Reliance Infrastructure Limited
Reliance Infrastructure Limited is one of the largest infrastructure companies, focusing on high growth sectors such as Power, Roads, Metro Rail, and Defence. It provides Engineering and Construction services and has executed significant projects like a metro rail project in Mumbai and various road projects.
Average Trading Volume: 391,946
Technical Sentiment Signal: Buy
Current Market Cap: 118.2B INR
For an in-depth examination of RELINFRA stock, go to TipRanks’ Overview page.