Reliance Infra Share Price Surges 3% After ₹300 Crore Capital Boost: Stock Delivers 78% Return in 2 Months

Reliance Infra Share Price Surges 3% After ₹300 Crore Capital Boost: Stock Delivers 78% Return in 2 Months

Market Performance

Reliance Infra's share price rose by 3% in early trade on June 18, reaching ₹377.70 per share.

This movement comes after a significant development involving a ₹300 Crore capital infusion by the company's promoter group.

Over the past two months, the stock has delivered a 78% return, jumping from ₹210 in April to ₹375 in June, marking one of the most notable rallies on Dalal Street during this period.

Main News

On June 18, Reliance Infrastructure announced the allotment of 1.25 Crore fully paid-up equity shares to Risee Infinity Private Limited, a promoter group company.

  • These shares were issued at ₹240 per share, including a premium of ₹230.
  • This capital raise was part of a preferential issue first declared in October 2024.
  • The balance 75% of the issue price was paid upon conversion of the warrants.

The allotment marks a crucial step in strengthening the company's capital base and financial structure.

Company Details

Debt Reduction Milestone

Reliance Infrastructure reported a complete reduction of its standalone net debt during FY25.

  • The company cleared approximately ₹3,300 Crore in debt.
  • This positions the firm on a stronger financial footing across its operational sectors—power, metro, roads, and defense.

Strategic Partnerships

In May, Reliance Defence, promoted by Reliance Infra, entered into a strategic tie-up with Rheinmetall AG, based in Düsseldorf.

This marks the third international partnership for the defense entity, following previous deals with:

  • Dassault Aviation
  • Thales Group of France

These alliances are key milestones in expanding its footprint in the global defense and ammunition sector.

Summary of the Article

The Reliance Infra share price has been on an impressive upward trajectory, registering a 78% return in just two months.

A fresh capital infusion of ₹300 Crore through the allotment of 1.25 Crore equity shares has reinforced investor confidence. With its net debt reduced to zero and strategic global collaborations underway, Reliance Infrastructure appears well-positioned in terms of operational and financial health.

Recent developments surrounding debt clearance, promoter support, and international alliances continue to drive positive sentiment regarding the Reliance Infra share price.

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