Latest news with #RelianceInfrastructure
News18
4 days ago
- Business
- News18
Anil Ambani's Reliance Infra Rides High On Big Orders; Shares Jump 42% In A Month
Last Updated: Reliance Infrastructure shares, led by Anil Ambani, surged 9% in five sessions due to big orders, including a Rs 600 crore deal with Rheinmetall. Reliance Infra Share Price: Anil Ambani-led Reliance Infrastructure's shares have continued the bullish momentum over back-to-back big orders. Over the past five sessions, the stocks are up 9 per cent, reflecting investors' confidence and interest with the rising book order. On Thursday, shares are up 4 per cent to Rs 423 apiece, as compared to the previous day close at Rs 404.64 apiece. The sharp surge followed the 5% upper circuit on Wednesday after its subsidiary winning Rs 600 crore order from German defence and ammunitions-manufacturer Rheinmetall Waffe Munition GmbH. The company said that this is one of the largest order in the high-tech ammunition domain till date. 'The order represents a key milestone in Reliance Defence's strategy to strengthen its position as a reliable partner in the global defence and munition supply chain, with a particular focus on Europe," it added. Reliance Defence aims to be among the top three defence exports in the country, the exchange filing read. This also strengthens India's push to become defence manufacture exporter. Shares of Reliance Infrastructure have gained 42 per cent in the past one month, with one year return standing at 103 per cent. In the long horizon of 5 years, the returns stood at 1,088 per cent, turning a multibagger for investors. Earlier, Reliance Defence announced a partnership with France aviation company and Rafael maker Dassault Aviation. The agreement between Dassault Aviation and Reliance Infrastructure subsidiary, Reliance Aerostructure Limited (RAL) happened on June 18 at the Paris Air Show. The manufacturing of Falcon 2000 business executive jets will be happened in India as per the agreement between two companies. Dassault Aviation will manufacture Falcon 2000 jets outside of France for the first time in its storied history. This also marks a pivotal movement as India will enter into the elite club of countries producing next-generation business jets, alongside the United States, France, Canada, and Brazil. The state-of-the-art, final assembly line for Falcon 2000 jets will be established in Nagpur, Maharashtra. Dassault Aviation will also transfer the assembly of the front section of Falcon 8X and Falcon 6X, in addition to the wings and complete fuselage assembly of Falcon 2000 to DRAL. The transfer of assembly operations combined with major facility upgrades, will pave the way for the first flight of Falcon 2000 'Made in India' from Indian soil by 2028. The joint venture between Dassault Aviation and Reliance Aerostructure – DRAL was established in 2017. The operations commenced with the setting up of a state-of-the-art manufacturing facility at Mihan, Nagpur, later that year. Since delivering its first Falcon 2000 front section in 2019, DRAL has assembled over 100 major sub-sections for the Falcon 2000, underscoring its world-class precision manufacturing capabilities and playing an integral role in Falcon = global production program. First Published: June 26, 2025, 13:36 IST
Business Standard
4 days ago
- Business
- Business Standard
Reliance Infra hits the roof after bagging Rs 600-cr export order from Rheinmetall
Reliance Infrastructure hit an upper circuit of 5% at Rs 404.05 after the company announced that its defence arm, Reliance Defence, has secured a major export order worth Rs 600 crore from Rheinmetall Waffe Munition GmbH. Rheinmetall Waffe Munition GmbH is a leading German defence and ammunition manufacturer. This deal marks one of the largest high-tech ammunition export orders to date from India and underscores the strength of the recently formed strategic partnership between Reliance Defence and Rheinmetall. The order is a key milestone in Reliance Defences ambition to become a significant player in the global defence and munitions supply chain, with a particular focus on expanding its footprint in Europe. The collaboration highlights both companies long-term commitment to advancing indigenous defence manufacturing under the Atmanirbhar Bharat and Make in India initiatives. Reliance Defence has set a target to be among the top three defence exporters in the country. According to the company, the order reflects the growing capabilities of India's private sector in delivering high-quality defence products that meet rigorous international standards. It also reinforces Reliance Defences strategic direction to expand its global presence, identifying Europe as a critical market for future growth. To support its expanding operations, Reliance Defence will establish an integrated manufacturing facility for explosives, ammunition, and small arms under the Dhirubhai Ambani Defence City (DADC) initiative. Located in the Watad industrial area of Ratnagiri, Maharashtra, the DADC is poised to become the largest greenfield defence sector project ever undertaken by a private company in India. It will serve as a hub for innovation, advanced production, and export-driven growth in the defence industry. Armin Papperger, CEO of Rheinmetall AG while announcing the strategic partnership said, this Strategic Partnership of Rheinmetall with Reliance Defence led by Anil Ambanis Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Modi. Anil D. Ambani, founder chairman, Reliance Group said The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the countrys private defence manufacturing sector. Guided by the vision of Aatmanirbhar Bharat, as championed by Prime Minister Shri Narendra Modi, our ambition is clear to position Reliance Defence among the worlds Top 3 defence exporters. Through this, we aim to enable India not only to meet its domestic defence needs with confidence, but also to establish itself as a trusted force in the global defence supply chain. Reliance Infrastructure is active in the energy sector, focusing on power distribution in Delhi and power generation. The company also has interests in defence manufacturing and plays a key role in infrastructure development through special purpose vehicles (SPVs), including projects like the Mumbai Metro. On a consolidated basis, Reliance Infrastructure reported a net profit of Rs 4,387.08 crore in Q4 March 2025 as against net loss of Rs 220.58 crore in Q4 March 2024. Net sales declined 12.33% YoY to Rs 4,108.01 crore in Q4 March 2025.
Business Standard
4 days ago
- Business
- Business Standard
Reliance Defence secures export order of Rs 600 cr
From Rheinmetall Waffe Munition GmbH Reliance Infrastructure promoted, Reliance Defence, today announced securing of a significant export order worth Rs 600 crore from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunitions manufacturer. Reliance Defence's export order is one of the largest in the high-tech ammunition domain to date. This underscores the strength of its recently announced strategic partnership with Rheinmetall. The order represents a key milestone in Reliance Defence's strategy to strengthen its position as a reliable partner in the global defence and munition supply chain, with a particular focus on Europe. The collaboration highlights the mutual commitment of both parties to long-term cooperation, and to advancing the 'Atmanirbhar Bharat' and 'Make in India' initiatives by strengthening indigenous defence manufacturing capabilities. Reliance Defence aims to be amongst top three Defence exporters in the country.
Economic Times
4 days ago
- Business
- Economic Times
Reliance Infrastructure jumps 5% as defence arm bags Rs 600-crore export deal from Germany's Rheinmetall
Reliance Infrastructure share price: Reliance Infra gained 5% after a major Rs 600-crore defence export order from Rheinmetall, boosting its global presence and aligning with 'Make in India' goals. Reliance Infrastructure share price: Reliance Infrastructure shares surged 5% after its arm, Reliance Defence, bagged a Rs 600-crore export order from Germany's Rheinmetall, boosting global defence ties and investor sentiment. The order supports its 'Make in India' growth plans. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of Reliance Infrastructure surged 5% on Wednesday following an announcement by its subsidiary Reliance Defence that it secured a Rs 600-crore export order from German defence giant Rheinmetall Waffe Munition order, one of the largest in the high-tech ammunition space to date, has significantly boosted market sentiment around the Anil Ambani-led an exchange filing, Reliance Infra said the deal marks a key milestone in its strategy to deepen global defence partnerships and expand its role in the international arms supply company emphasized that this export contract underlines its recently formalized strategic collaboration with Rheinmetall — a partnership aligned with India's 'Atmanirbhar Bharat' and 'Make in India' Defence aims to become one of India's top three defence exporters. The company will be developing an integrated manufacturing facility under the Dhirubhai Ambani Defence City (DADC) banner in Ratnagiri, greenfield project is being positioned as the largest of its kind by a private player in India's defence space."The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the country's private defence manufacturing sector,' said Anil Ambani, Founder-Chairman of Reliance Group. "Our ambition is clear — to position Reliance Defence among the world's top three defence exporters."Rheinmetall CEO Armin Papperger reaffirmed the German firm's long-term commitment to India, noting that the partnership reflects the confidence in India's defence sector under Prime Minister Modi's Rs 600-crore order is expected to catalyze further export growth and fortify Reliance Defence's manufacturing capabilities. The ammunition to be supplied will meet stringent global standards, further enhancing India's image as a reliable global defence supplier.
Mint
4 days ago
- Business
- Mint
Reliance Infrastructure share price hits upper circuit as subsidiary defence company inks ₹600 crore deal
Anil Ambani-run Reliance Infrastructure's share price hit its upper circuit on Wednesday, 25 June 2025, after a subsidiary named Reliance Defence secured an export contract worth ₹ 600 crore from a German defence and ammunitions manufacturer, according to an exchange filing. Rheinmetall Waffe Munition GmbH, a German defence and ammunition manufacturer that awarded the high-tech ammunition export contract to the Reliance Infrastructure subsidiary firm. 'Reliance Infrastructure Limited promoted Reliance Defence Limited, today announced securing of a significant export order worth INR 600 crore from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunitions manufacturer,' said the company in the BSE filing. This deal aims to position Reliance Defence as a reliable partner in the defence and ammunition manufacturing supply chain for the European market. 'The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the country's private defence manufacturing sector,' said Anil Ambani in the official statement. Reliance Infrastructure shares closed at the upper circuit on Wednesday, 25 June 2025, after gaining 4.99% to hit the intraday high of ₹ 404.05, compared to ₹ 384.85 at the previous market close. The shares hit their upper circuit in Wednesday's stock market afternoon session as the company announced the order book update at 2:46 p.m. (IST). The Anil Ambani-owned company's shares have given stock market investors more than 1,049% return on their investment in the last five years, and over 93% in the last one-year period. On a year-to-date (YTD) basis, the shares have gained 26.58% in 2025, and are trading 37.71% higher in the last one-month period in the Indian stock market. Reliance Infrastructure shares hit their 52-week high levels at ₹ 421 on 11 June 2025, while the 52-week low levels were at ₹ 169.75 on 23 July 2024, according to BSE data. The company's market capitalisation (M-Cap) stood at ₹ 16,005.68 crore as of the stock market close on Wednesday, 25 June 2025. Read all stories by Anubhav Mukherjee
