₹600 Cr Export Deal for Reliance Defence; RELINFRA Rises by 4.99%, Surges to Upper Circuit
By Ankur Chandra | Published at: Jun 25, 2025 06:16 PM IST
Mumbai, June 25, 2025: Shares of Reliance Infrastructure Ltd. (NSE: RELINFRA, BSE: 500390) rose 4.99% today to touch the upper circuit (closing at ₹404.65 per share). This was after the defence unit (Reliance Defence Ltd.) secured a ₹600 crore export order from Rheinmetall Waffe Munition GmbH in Germany.
This is a critical strategic win for the company and is one of the biggest contracts for an Indian company for ammunition export. The contract also enhances Reliance’s credibility as a serious player in global defence production. With total traded volume going past 31 lakh shares today, there was a significant increase in retail and institutional buying of RELINFRA shares. The share movement and increased traded volume reinforce investor confidence in Reliance Infrastructure’s defence manufacturing capabilities.
Strategic Highlights of the Export Order
| Particulars | Details |
|---|---|
| Client | Rheinmetall Waffe Munition GmbH (Germany) |
| Order Value | ₹600 crore |
| Segment | High-tech ammunition export |
| Deal Type | Long-term strategic partnership |
| Objective | Strengthen India’s role in global defence exports |
| Facility Plan | Integrated facility under Dhirubhai Ambani Defence City (Ratnagiri, Maharashtra) |
Reliance Defence aims to become one of India’s top three defence exporters, aligning with the government’s ‘Atmanirbhar Bharat’ and ‘Make in India’ vision. The upcoming Dhirubhai Ambani Defence City (DADC) will be the country’s largest private greenfield defence manufacturing zone.
Stock Market Impact
Reliance Infrastructure shares surged to ₹404.65, locking in a 4.99% gain by 14:46 IST, driven by strong investor enthusiasm following the announcement.
Key Trading Metrics (as of 14:46 IST, June 25, 2025)
| Metric | Value |
|---|---|
| Last Traded Price | ₹404.65 |
| Day’s High / Low | ₹404.65 / ₹383.10 |
| Volume Traded | 24.53 lakh |
| Traded Value | ₹97.09 crore |
| 52-Week High / Low | ₹420.00 / ₹169.51 |
| Market Capitalisation | ₹16,029.45 crore |
| Free Float Market Cap | ₹11,503.80 crore |
| Adjusted P/E | 2.09 |
| Symbol P/E | 1.80 |
| Deliverable Quantity (%) | Data not available |
| Series | BE – Trade-to-Trade |
The stock has shown exceptional performance in 2025, having more than doubled from its 52-week low of ₹169.51 on July 23, 2024, to near its 52-week high of ₹420.00.
Leadership Commentary
Armin Papperger, CEO of Rheinmetall AG, stated,
“This strategic partnership with Reliance Defence, led by Anil Ambani’s Reliance Group, reflects our strong commitment to collaborate with India under Prime Minister Modi’s leadership.”
Anil D. Ambani, Founder Chairman of Reliance Group, remarked,
“Our ambition is to position Reliance Defence among the world’s top three defence exporters. This partnership brings cutting-edge German capabilities to India and strengthens India’s role in the global defence supply chain.”
Company Background
Reliance Infrastructure Limited is part of the Reliance Group, including Reliance Power. Both firms are debt-free with a combined net worth and turnover of ₹33,000 crore. RELINFRA operates in integrated power utilities, defence manufacturing, and large-scale infrastructure projects like the Mumbai Metro. Its listing dates back to February 8, 1995, and trades under the NIFTY Total Market Index.
The latest order is a strategic breakthrough for the company, marking one of its largest export wins.
REF: https://nsearchives.nseindia.com/corporate/RELINFRA_25062025144551_Mediareleasedefence25062025.pdf
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