News for Reliance Infrastructure Limited (RELINFRA.NS)

Reliance Infra share price: The stock surged 5.94 per cent to hit a high of Rs 263.60. It was last seen trading 4.08 per cent up at Rs 258.95. At this price, the scrip has slipped 18.88 per cent in 2025 so far.

Reliance Infrastructure Limited (RInfra) plans to enter renewable energy manufacturing with integrated solar and battery units.

Reliance Power said the proceeds of the loan would be utilised for general corporate purposes including future investment of the group in renewable energy projects and flue gas desulfurization capex of Rosa.

Supreme Court Justice K V Viswanathan recused himself from a case alleging contempt of court. The case involves a dispute between the Delhi Metro and an Anil Ambani group firm. The firm was initially awarded Rs 8,000 crore, but the Supreme Court later overturned that decision.

Reliance Power share price: The stock jumped 5 per cent to hit a fresh 52-week high value of Rs 53.65. At this price, the scrip has gained 81.31 per cent in a month and delivered multibagger returns to investors by rallying 124.01 per cent on a year-to-date (YTD) basis.

The company recently secured two renewable energy projects totaling 1,270 MW, consisting of 500 MW in solar power and 770 MW in hydropower.

Reliance Power partners with Bhutan's DHI for renewable energy projects, boosting solar and hydropower capacity, aligning with net-zero goals.

Reliance Infrastructure shares have a one-year beta of 1.4, indicating high volatility during the period. In terms of technicals, the relative strength index (RSI) of Reliance Infrastructure stands at 75.7, signaling it's trading in the overbought zone.

Reliance Infra shares: On the stock-specific front, shares of RelInfra have seen a massive rise in the past one month. Last checked, the stock settled 1.20 per cent lower at Rs 332.15. At this price, it has rallied 62.22 per cent in a month.

In a regulatory filing, the company said FCCBs will be unsecured and will have ultra-low cost interest of 5% per annum with a long maturity of 10 years.

Reliance Power share price: During early trade, the stock slipped 4.62 per cent to hit an intraday low of Rs 44.22. As the session progressed, it surged 10.06 per cent from Rs 44.22 level to scale a new one-year high value of Rs 48.67.

Following a court’s decision, shares of Anil Ambani’s company, Reliance Infrastructure, surged in the stock market

Shares of Reliance Power fell by 4.6% ahead of its Board meeting on October 3, breaking an 8-day winning streak. The decline follows the company's recent approval to issue up to 46.2 crore equity shares and/or warrants worth Rs 1,525 crore through a preferential allotment. Funds will be used for business expansion and debt reduction.

Stocks that will seee action today: Buzzing Stocks: BSE, Zomato, Reliance Industries, RInfra, Adani Enterprises, Adani Energy, PNB, Apollo Hospitals, Angel One, Future Lifestyle, Lupin, Biocon, Zydus Lifesciences, Dr Reddy’s Lab, BEL, ICICI Prudential, REC, SW Solar, Welspun Enterprises, KRBL, Kohinoor Foods, Chaman Lal Setia, Pidilite, NHPC, Mahanagar Gas

Shares of Anil Ambani's Reliance Power rallied another 5% on Thursday, reaching a fresh 52-week high of Rs 44.15 on the NSE. Today marked the seventh consecutive day that the small-cap stock, a favorite among retail investors, hit the 5% upper circuit limit.

Reliance Power Share Price: Reliance Power shares hit a new 52-week high, reaching Rs 42.06 on the BSE after the board approved issuing up to 46.2 crore equity shares and/or warrants worth Rs 1,525 crore through preferential allotment. The funds will be used for business expansion, debt reduction, and general corporate purposes.

Reliance Power share price was locked in the 5 per cent upper circuit at Rs 40.06 per share on the BSE. The stock also reached its 52-week high on Tuesday

R Power share Price: The proceeds from the preferential issue will be utilised to expand business operations directly and/or through investment in subsidiaries and joint ventures, debt reduction and for general corporate purposes, the filing said.

Buzzing stocks Stocks likely to see action today September 24, 2024 Brightcom, Coal India, Firstsource, PNB, PowerGrid, RPower, Reliance Home Finance, Tata Power, AstraZeneca Pharmaceuticals, Samvardhana Motherson, BGR Energy, V2 Retail