Reliance Infrastructure Hits 52-Week High After NCLAT Stays NCLT Order To Admit Insolvency Petition Against The Company

Mumbai, June 4, 2025 — Shares of Anil Ambani-led Reliance Infrastructure Ltd (RInfra) soared nearly 10% on Wednesday, hitting a fresh 52-week high of ₹374.90. The rally was due to National Company Law Apellate Tribunal (NCLAT) staying the order of NCLT to admit insolvency plea against the company.

Turnaround in Profitability

The company recently posted a sharp turnaround in its financial results for the January–March 2025 quarter. RInfra reported a consolidated profit after tax (PAT) of ₹4,387 crore, recovering from a net loss of ₹3,298 crore in the preceding quarter.

Adjusted EBITDA also saw a dramatic rise, surging to ₹8,876 crore in Q4 FY25, up from ₹1,136 crore in Q3 FY25, reflecting a 681% sequential growth, bolstered by exceptional income of ₹514 crore.

Strategic Defence Partnerships

Beyond its core infrastructure operations, RInfra’s defence arm, Reliance Defence Ltd, recently entered into a strategic partnership with Germany’s Rheinmetall AG, focusing on ammunition manufacturing. This adds to its existing collaborations with French majors Dassault Aviation and Thales Group, marking it as a growing player in India’s defence manufacturing ecosystem.

Technical Outlook and Trading Levels

Technical analysts suggest that the immediate resistance for RInfra lies around ₹380, while support is likely in the ₹320–₹329 range. Some experts have advised caution, suggesting profit-booking near current levels, as a close below the ₹329 support could lead to a potential downside towards ₹280 in the near term.

Business Overview and Promoter Holding

RInfra operates in the infrastructure sector with a diverse portfolio including EPC services, power distribution in Delhi, and major public infrastructure projects such as metro rail, toll roads, airports, and the Mumbai Metro Line One. As of March 2025, promoters held a 16.50% stake in the company.

The recent surge in Reliance Infrastructure’s stock price underscores a powerful comeback narrative, propelled by financial turnaround and expanding strategic interests in defence. Investors now watch closely whether the stock sustains its momentum beyond its recent highs.

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