This contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
All sectoral indices except for auto ended in negative territory
The broader market is reflecting mixed results, with the BSE Midcap index slightly down by 0.99% and the BSE Smallcap index decreasing by 0.95%
This preferential issue is expected to boost Reliance Infrastructure’s net worth from ₹9,000 Crore to ₹12,000 Crore and significantly reduce its debt.
This contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
All sectoral indices except for auto ended in negative territory
The broader market is reflecting mixed results, with the BSE Midcap index slightly down by 0.99% and the BSE Smallcap index decreasing by 0.95%
This preferential issue is expected to boost Reliance Infrastructure’s net worth from ₹9,000 Crore to ₹12,000 Crore and significantly reduce its debt.
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