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Reliance Infra shares climb 20% as firm cuts debt to ₹475 crore
short by Mansi Agarwal / on Wednesday, 18 September, 2024
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.
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