Mumbai
Anil Ambani -led Reliance Infrastructure shares are in focus during trading in the coming days. The company’s shares climbed 7% to the Intra Day High of Rs 288.80 on Friday. Its previous closed price is Rs 272.05. Reliance Infrastructure has announced the release of its December quarter results. The company’s shares climbed 1180% in the last five days. During this time its price increased from Rs 22 to the current price.
What did the company say?
Reliance Infrastructure Limited has informed the BSE that the meeting of the company’s board member has been decided on 13 February 2025. It will consider and approval on the unoddit financial results (both standalone and consolidated) for the quarter ended December 31, 2024 of the financial year 2024-25, and 9 months. In addition, Reliance Infra has reported that the trading window for trading in the security of the company has already been already closed until the end of 48 hours of being public in the context of listing regulatory since Wednesday, January 01, 2025.
company business
Reliance Infrastructure is a component of the Reliance Group, one of the major corporate houses in India and one of the fastest growing companies in the Infra sector. The Integrated Power Utility Company listed on the BSE Smallcap Index currently has a market cap of Rs 11,357.08 crore. In October last year, the Reliance Group company announced its plan to establish the largest integrated defense manufacturing in India through its subsidiary Reliance Defense Limited. Dhirubhai Ambani Defense City (DADC), located in Watad Industrial Area of ​​Ratnagiri, Maharashtra, will be spread over 1,000 acres.