Reliance Infra shares climb 20% as firm cuts debt to ₹475 crore

Shares of Anil Ambani's Reliance Infrastructure jumped over 20% on Wednesday as the company reduced its external debt from ₹3,831 crore to ₹475 crore. The company's net worth currently stands at ₹9,041 crore, an exchange filing stated. It has cleared its funded outstanding dues to LIC, Edelweiss Asset Reconstruction Company, ICICI Bank, Union Bank, and other lenders.