There was a time when Anil Ambani was hailed as one of India’s fastest-rising business tycoons. However, over the years, things took a dramatic turn. With mounting debt, legal battles, and looming threats of bankruptcy, the image of the once-celebrated Reliance ADA Group transformed completely. But now, things seem to be taking a positive turn—at least for the moment. At the heart of this renewed optimism lies Reliance Infrastructure (R Infra), which has stunned the markets with its recent quarterly performance.
Reliance Infra’s shares have skyrocketed by an impressive 11.11% in a single day, touching a 52-week high of ₹308. Over the last month, the stock has delivered a massive return of 46%, a clear indication of a shift in market sentiment. The catalyst behind this rally is the company’s extraordinary performance in the fourth quarter of the financial year 2025.
The Q4 numbers tell a powerful story. The company posted a Profit After Tax (PAT) of ₹4,387 crore, a massive turnaround from a loss of ₹3,298 crore in the previous quarter. Its consolidated EBITDA, which included an exceptional income adjustment of ₹514 crore, rose sharply to ₹8,876 crore. This is a 681% jump compared to the EBITDA of ₹136 crore in Q3 FY25.
Reliance Infrastructure's resurgence isn’t limited to financials alone. Its subsidiary, Reliance Defence Limited, has signed a significant strategic agreement with Germany’s Rheinmetall AG, one of the world’s top arms manufacturers. This is the third major international partnership for the company, following earlier deals with Dassault Aviation and Thales Group. These partnerships mark a serious push into the defense sector, underlining the group’s renewed ambitions.
Adding to investor confidence, Reliance Infra recently received a major legal boost. The National Company Law Tribunal (NCLT) Mumbai bench dismissed several insolvency petitions filed by creditors. This legal victory has helped the company stave off potential bankruptcy proceedings, significantly improving its market perception.
Brokerage and analyst opinions on the stock’s future are now split. According to brokerage firm Anand Rathi, the stock could soon touch ₹380. On the other hand, independent analyst A.R. Ramachandran suggests booking profits at current levels, warning that if the stock closes below ₹329, the next support level could be ₹280.
Reliance Infrastructure operates in sectors like EPC (engineering, procurement, and construction), power distribution in Delhi, and owns key infrastructure projects such as Mumbai Metro Line One. The company is also actively involved in India’s defense sector. As of March 2025, promoter holding in the company stood at 16.50%.
The question now is whether this is the beginning of a sustained comeback for Anil Ambani, backed by strong quarterly results, global defense collaborations, and legal relief—or just a short-term rally fueled by sentiment and temporary factors. For now, R Infra has made a striking comeback to the market’s radar. Whether it sustains this momentum or not, only time will tell.
One thing is certain—market eyes will remain closely trained on this stock. As always, investors are advised to do their due diligence and consult their financial advisors before making any investment decisions.
Disclaimer:
This article is purely for informational purposes. It does not constitute financial advice or stock recommendations. Investing in the stock market involves risk. Please consult your financial advisor before making any investment decisions.
