Latest news with #RelianceInfrastructure
Time of India
2 days ago
- Business
- Time of India
Reliance Infra shares rally over 1,400% in 5 years. Is there more upside left?
Reliance Infrastructure shares have delivered stellar long-term gains, surging over 1,400% in the past five years. The momentum has continued in recent sessions, with the stock rising 45% in the last one month and gaining 10% in just the past two trading days. The rally picked up pace after the company announced a strategic partnership between its subsidiary, Reliance Aerostructure, and French aerospace major Dassault Aviation to manufacture Falcon 2000 business jets in India. But beyond the news-driven rally, technical indicators suggest there could still be more room to run. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 얼굴 기미, 더 이상 헛돈쓰지말고 이렇게 해보세요 (청담 피부원장 노하우) 두아이연구원 Undo Technical indicators point to further upside Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Kunal V Parar, VP – Technical Research & Algo at Choice Broking, said the stock has shown strong momentum, breaking above a key swing high on the weekly chart—an indicator of potential further gains. "On the weekly chart, the stock is comfortably trading above its 100-week and 200-week moving averages, reflecting a strong bullish trend. On the monthly chart, the stock appears to be on the verge of a Cup and Handle breakout, which suggests a continuation of the ongoing momentum," he said. Live Events He also noted a bullish breakout in the RSI on the weekly timeframe, suggesting strengthening positive breadth in the counter. "We expect the stock to continue its upward journey towards the Rs 420–470 zone, with a strict stop loss at Rs 344," Parar added. Laxmikant Shukla, Senior Manager – Technical Analyst at YES SECURITIES, also pointed to a strong technical reversal. 'The stock formed a bullish tweezer bottom reversal pattern on the daily chart, negating the five-day correction phase and breaking the sequence of lower highs and lower lows,' he said. He noted that the rebound was supported by rising trading volumes and a bullish crossover in the stochastic oscillator, both of which confirm renewed buying interest. "From a risk-reward standpoint, the stock looks well-positioned to extend its upward movement in the near term. We recommend buying Reliance Infra shares in the range of Rs 385–388, with a stop loss at Rs 375 and a target price of Rs 414," Shukla said. Also Read: 8 debt-free penny stocks that surged 110-300% in the last 1 year. Do you own any? Dassault jet manufacturing deal Reliance Infrastructure's recent rally was also supported by its aviation venture. The company has partnered with Dassault Aviation to manufacture Falcon 2000 business jets in India—the first time the French firm will assemble these jets outside France. Announced at the Paris Air Show, the agreement involves setting up a final assembly line at Dassault Reliance Aerospace Limited (DRAL) in Nagpur, Maharashtra. The plant will serve as a global centre of excellence for Falcon jets and may also support future Falcon 6X and 8X programs. Also Read: 8 debt-free penny stocks that surged 110-300% in the last 1 year. Do you own any? Capital infusion to boost growth plans In a separate update, the company has raised Rs 300 crore through the allotment of 1.25 crore fully paid-up equity shares at Rs 240 per share. The shares were issued to promoter group entity Risee Infinity Private Limited as part of an accelerated warrant conversion. This infusion is part of a larger preferential issue worth Rs 3,014.40 crore announced in October 2024. According to the company, the fresh funds will enhance financial flexibility and support long-term growth. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business Standard
2 days ago
- Business
- Business Standard
Stock Market LIVE Updates: Sensex, Nifty flat; SMIDs slip; Siemens Energy, Reliance Infra up 5% each
Sensex Today | Stock Market LIVE on Thursday, June 19, 2025: Titan Company, Eicher Motors, Shriram Finance, Kotak Bank, Bharat Electronics, Hero MotoCorp, and Tata Motors were the top Nifty gainers 10:41 AM Stock Market LIVE Updates: Reliance Infrastructure shares gain 5% Stock Market LIVE Updates: Anil-Ambani led Reliance Infrastructure shares extended rally for the second session and gained 10 per cent in two days after Dassault Aviation and Reliance Infrastructure' subsidiary, Reliance Aerostructure Limited (RAL), announced a landmark strategic partnership at the Paris Air Show today. The two companies will manufacture Falcon 2000 business executive jets in India for the global markets. The partnership represents a significant step in advancing India's aerospace manufacturing capabilities. Dassault Aviation will manufacture Falcon 2000 jets outside of France for the first time in its storied history. This pioneering initiative will see India emerge as a strategic center for high-end business jet manufacturing. 9:20 AM Stock Market LIVE Updates: Here's a look at Sensex gainers and losers 9:19 AM Stock Market LIVE Updates: Nifty50 flat below 24,800 Stock Market LIVE Updates: NSE Nifty50 was flat with a neagtive bias and was trading below 24,800-mark. 9:17 AM Stock Market LIVE Updates: Sensex down 70 pts after market opens, below 81,400 Connect with us on WhatsApp
Yahoo
2 days ago
- Business
- Yahoo
Dassault, Anil Ambani's Reliance to make Falcon 2000 business jets in India
(Reuters) -Reliance Infrastructure ( has partnered with France's Dassault Aviation ( to make Falcon 2000 jets in India, the companies said on Wednesday, as the South Asian country aims to increase sourcing of locally-made defense equipment. Dassault said it aims to deliver the first made-in-India jets by 2028 for corporate and military use, and will cater to rising demand in both Indian and international markets. India, the world's biggest arms importer, has been looking to step up domestic production, with global firms pushed to produce in India - either on their own or in collaboration with domestic partners. New Delhi also aims to boost defence exports, which jumped 12% in the fiscal year to end-March, to $2.76 billion. Dassault will make Falcon 2000 jets outside France for the first time, the statement said, as it partners with tycoon Anil Ambani-owned Reliance Aerostructure to set up the final assembly line in the western Indian city of Nagpur. Reliance Infrastructure shares jumped 5% after the news in afternoon trading, while Dassault shares were largely flat. Earlier in the month, the French firm signed an agreement with India's Tata group to produce fuselage of Rafale fighter aircraft in southern Hyderabad city - outside France for the first time ever.
India.com
2 days ago
- Business
- India.com
Debt decreasing rapidly, deals happening, new orders are coming…can Anil Ambani beat Mukesh Ambani?
Anil Ambani and Mukesh Ambani- File image Anil Ambani's companies are making a big comeback. Debt levels are falling, and returns are also on the rise. In terms of returns, his companies have even outperformed Mukesh Ambani's Reliance Industries. He was once the sixth richest person in the world with a net worth of $42 billion by the family split he got businesses like Reliance Telecom, Reliance Capital, Reliance New Energy, and Reliance Power. However due to poor decisions, a huge debt he faced many financial troubles. He also sold some of his companies and stock prices fell down rapidly. However after many years he is again making a huge comeback. He is turning the table, with growing investments, increasing profits, and declining debt levels. If this continues, Anil Ambani can again get what he lost. Anil Ambani's Come Back Anil Ambani's companies are delivering good returns. Reliance Power, Reliance Home Finance, and Reliance Infrastructure have given huge returns to investors in recent times. Reliance Power: Over 40% return in a month and 125% in a year. A Rs 1 lakh investment a year ago is now worth Rs 2.25 lakh. Reliance Infrastructure: With a 30% return in a month and 90% over the year. Reliance Home Finance: Gave 55% returns in a month and nearly 50% in a year. If compared with his elder brother Mukesh Ambani's Reliance Industries, India's most valuable company by market capitalization, has underperformed recently. The stock remained flat over the past month and dropped by around 6% over the year. Securing New Orders Anil Ambani's companies are also signing new deals and growing investor trust, both domestically and internationally. Reliance Infra's subsidiary Reliance Defence recently won many deals. One with Germany's Diehl Defence and another with German company partnered with Reliance Defence for ammunition manufacturing. In Bhutan, Reliance Power signed a deal to establish a 1,270 MW solar plant. Debt Reduction Debt reduction has become a primary focus for Anil Ambani. Reliance Infrastructure: Paid off Rs 3,300 crore of debt in FY 2025, becoming debt-free. Rosa Power Supply Company: Cleared Rs 485 crore of debt, achieving debt-free status. Reliance Power: Settled a loan of Rs 3,872 crore earlier.
New Indian Express
2 days ago
- Business
- New Indian Express
Anil Ambani's Reliance Aerostructure and Dassault to manufacture Falcon 2000 business jets in India
The Anil Ambani-led Reliance Infrastructure subsidiary Reliance Aerostructure Limited (RAL) and French aerospace giant Dassault Aviation have signed an agreement to manufacture Falcon 2000 business executive jets in India for the global market. This will be the first time Dassault will manufacture Falcon 2000 jets outside of France. Dassault Reliance Aerospace (DRAL), a JV set up by the two companies in 2017, will also become the Center of Excellence (CoE) for the Falcon series, including Falcon 6X and Falcon 8X assembly programs for Dassault Aviation, the first such CoE outside France. The state-of-the-art, final assembly line for Falcon 2000 jets will be established in Nagpur, as per the agreement announced on Wednesday at the Paris Air Show. Eric Trappier, Chairman and CEO, Dassault Aviation, said that the agreement marks the ramp-up of DRAL, "in line with the strategic vision shared with our partner Reliance, which led to its creation in 2017 and is a testament to our unwavering belief in our future in India and serving India."
