Reliance Infra Slashes Debt from Rs 3,831 Crore to Rs 475 Crore, Boosts Share Price

Reliance Infrastructure has made significant strides in reducing its external debt, slashing it from Rs 3,831 crore to Rs 475 crore, a move that has sent the company’s stock soaring by 7.9%. The debt reduction is part of a broader strategy to strengthen the company’s financial position, signaling positive momentum for the conglomerate.

Investors have responded positively to the news, with Reliance Infra’s share price witnessing a notable boost. The company’s decision to aggressively tackle its debt burden reflects a renewed focus on profitability and long-term growth.

As the stock continues to rise, industry analysts predict that Reliance Infra’s debt-cutting strategy will further enhance its market standing, potentially attracting more investment.

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