November 22, 2024

Reliance Infrastructure

Reliance Infrastructure Q2 Results: Anil Ambani-led infra major posts net profit of ₹4,082.5 crore on low expenses | Stock Market News

Reliance Infrastructure Q2 Results: Anil Ambani-led infra major posts net profit of ₹4,082.5 crore on low expenses | Stock Market News

TheSpuzz Desk02 mins

Source: Live Mint Reliance Infrastructure Q2 Results: Reliance Infrastructure Ltd (RInfra) on Thursday reported a consolidated net profit of ₹4,082.53 crore in the July-September quarter of 2024-25 on lower expenses. It had clocked ₹294.04 crore net loss during the July-September period of the preceding 2023-24 fiscal, the company said in a regulatory filing. Exceptional gains…

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Strong Comeback! Reliance Infrastructure, Reliance Power stocks rise 60% in September | Stock Market News

Strong Comeback! Reliance Infrastructure, Reliance Power stocks rise 60% in September | Stock Market News

TheSpuzz Desk04 mins

Source: Live Mint In September, Anil Ambani Group stocks saw a significant resurgence, with Reliance Infrastructure and Reliance Power rallying 60% each. This rally followed positive developments that restored investor confidence, reversing previous underperformance. Key factors behind the turnaround included the companies’ focus on debt restructuring and improved operational efficiency. Reliance Infrastructure hits highest level…

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