Reliance Infrastructure Shares Surge!

  Published 1 year ago

Reliance Infrastructure (RLIN.NS) saw a significant 11.27% jump, its biggest daily gain since September 2024, after the National Company Law Tribunal suspended insolvency proceedings. The company recently cleared outstanding debts and is appealing the initial order.

  • Insolvency resolution suspended by NCLT.
  • RLIN paid ₹926.8M to Dhursar Solar.
  • Shares up ~24.6% year-to-date.

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