Reliance Infrastructure shares rally 35% in one month
By Aditya Bhagchandani Published on June 4, 2025, 09:34 IST
Shares of Reliance Infrastructure have soared over 34.5% in the past month, currently trading at ₹345, compared to ₹256 a month ago. The sharp upward momentum comes on the back of strong Q4 results, key defence sector developments, and strategic partnerships.
In a significant breakthrough, Reliance Infrastructure has become the first private Indian company to develop 155mm artillery ammunition under DRDO's design-cum-production partner programme. The firm has indigenously designed four variants of this ammunition, with production-ready supply chains involving ten domestic companies. The company expects orders worth ₹10,000 crore from the Ministry of Defence over the next decade, with export potential worth another ₹10,000 crore.
Additionally, the company is setting up a ₹5,000-crore Dhirubhai Ambani Defence City in Ratnagiri, Maharashtra, to bolster its ammunition and explosives manufacturing capacity. A new collaboration with Germany's Rheinmetall will further boost the company's global footprint in defence production.
On the financial front, Reliance Infrastructure reported a Q4 consolidated net profit of ₹4,387.08 crore, a dramatic turnaround from a ₹3,298 crore loss in Q3. Adjusted EBITDA stood at ₹8,876 crore, up 681% sequentially. The consolidated net worth jumped 44% sequentially to ₹14,287 crore.
Despite an insolvency petition by IDBI Trusteeship Services, the company clarified it has fully paid ₹92.68 crore to Dhursar Solar Power, settling claims related to a tariff agreement.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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