Reliance Infrastructure soars as its arm enters into strategic partnership with Dassault Aviation
Reliance Infrastructure is currently trading at Rs. 404.00, up by 17.95 points or 4.65% from its previous closing of Rs. 386.05 on the BSE.
The scrip opened at Rs. 403.00 and has touched a high and low of Rs. 405.00 and Rs. 395.00 respectively. So far 174682 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 421.00 on 11-Jun-2025 and a 52 week low of Rs. 169.75 on 23-Jul-2024.
Last one week high and low of the scrip stood at Rs. 405.00 and Rs. 361.00 respectively. The current market cap of the company is Rs. 16504.61 crore.
The promoters holding in the company stood at 16.50%, while Institutions and Non-Institutions held 12.73% and 70.77% respectively.
Reliance Infrastructure’s subsidiary -- Reliance Aerostructure (RAL) and Dassault Aviation have entered into landmark strategic partnership to 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. It marks a historic moment for Indian aerospace and manufacturing industry, as the landmark agreement paves way for India’s entry into the elite club of countries producing next-generation business jets, alongside the United States, France, Canada, and Brazil.
Dassault Reliance Aerospace, a joint venture between Dassault Aviation and Reliance Aerostructure, will also become the Center of Excellence (CoE) for 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, Maharashtra.
Reliance Infrastructure (RInfra) is one of the largest infrastructure company, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors within the infrastructure space such as Power, Roads, Airport, Metro Rail and Defence.
