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Reliance Infrastructure Unaffected by ED Actions, Continues Business as Usual

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Reliance Infrastructure Unaffected by ED Actions, Continues Business as Usual

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Reliance Infrastructure Limited ( (IN:RELINFRA) ) has issued an announcement.

Reliance Infrastructure Limited announced that the Enforcement Directorate’s actions have concluded without impacting its business operations or stakeholders. The allegations relate to transactions of separate entities, Reliance Communications and Reliance Home Finance, which have no financial or business linkage to Reliance Infrastructure. The company remains focused on its business plans and continues to operate normally.

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 is a major player in Engineering and Construction services, executing projects through Special Purpose Vehicles, including metro rail and road projects.

Average Trading Volume: 447,694

Technical Sentiment Signal: Buy

Current Market Cap: 135.3B INR

See more insights into RELINFRA stock on TipRanks’ Stock Analysis page.

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