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Reliance Infrastructure Limited ( (IN:RELINFRA) ) has shared an update.
Reliance Infrastructure Limited, along with Reliance Power, has announced a strategic initiative to raise ₹18,000 crore through equity and debt to fuel growth in Defence & Aerospace and Renewable Energy sectors. This move, backed by unanimous board approval, underscores the group’s commitment to long-term stakeholder value and positions them as a key player in India’s defence export market and power distribution in Delhi. The leadership meet highlighted strategic partnerships with global companies like Dassault Aviation and Rheinmetall AG, aiming to enhance their manufacturing capabilities and market presence.
More about Reliance Infrastructure Limited
Reliance Infrastructure Limited is a prominent player in the infrastructure industry, focusing on sectors such as Defence & Aerospace and Power distribution. The company is part of the Reliance Group, which includes Reliance Power, and together they are nearly debt-free with significant net worths. The group is committed to innovation and shareholder value creation, with a strong emphasis on the Indian defence market and sustainable power delivery.
Average Trading Volume: 447,694
Technical Sentiment Signal: Buy
Current Market Cap: 135.3B INR
Learn more about RELINFRA stock on TipRanks’ Stock Analysis page.