Support and Resistance Levels
Past performance
About Reliance Infrastructure Ltd Reliance Infrastructure Limited (RInfra), established in 1929 as Bombay Suburban Electric Supply Ltd, is a major player in India's infrastructure sector with operations in power, roads, metro rail, and defense. The company leverages Special Purpose Vehicles (SPVs) to develop infrastructure projects, including a metro rail project in Mumbai and eleven road projects spanning approximately 1,000 km. RInfra also provides Engineering, Procurement, and Construction (EPC) services for power and road projects. The company has expanded into defense, establishing the Dhirubhai Ambani Aerospace Park in Nagpur and acquiring Pipavav Defence to strengthen its defense and naval capabilities.
RInfra's strategic focus includes monetizing non-core assets, as seen in the sale of its Mumbai Power Business to Adani Transmission Ltd for Rs. 18,800 crore, and entering new sectors such as aerospace through joint ventures, including Dassault Reliance Aerospace. The company continues to pursue growth in high-tech defense manufacturing and urban infrastructure development, emphasizing its role in India’s infrastructure and defense sectors.