Archive · 19 Jun 2025
Reliance Infra Shares Jump 5% After Aviation Deal
Reliance Infrastructure's stock price went up by 5% on Thursday.
This happened because the company announced a deal with Dassault Aviation to build Falcon 2000 jets in India.
The jets will be made in Nagpur, Maharashtra.
Additionally, the company's promoters increased their stake.
India will join a small group of countries that make these types of jets.
Reliance Infrastructure shares increased by 5% on Thursday.
The rise followed the announcement of a partnership with Dassault Aviation.
The partnership aims to manufacture Falcon 2000 jets in India.
Promoters acquired an additional 2.55% stake in Reliance Infra.
An assembly line for the jets will be established in Nagpur, Maharashtra.
- Who
- Reliance Infrastructure
- What
- Reliance Infrastructure shares rose as much as 5%
- When
- Thursday, June 19
- Where
- BSE
- Why
- Following partnership with Dassault Aviation and promoter stake increase.
- Share Price Increase
- 5%
- Partnership
- Reliance Infrastructure and Dassault Aviation
- Partnership Aim
- Manufacture Falcon 2000 jets in India
- Location of Assembly Line
- Nagpur, Maharashtra
- Promoter Stake Increase
- 2.55%
Sources
Reliance Infra share price gains 3% after allotment of shares worth ₹300 crore on conversion of warrants. Details here
Reliance Infra up 3% as Anil Ambani firm allots Rs 300 crore shares to promoter entity
Anil Ambani's Changing Fortunes: Reliance Infra on Fire! Rs 300 Crore Promoter Push Triggers Big Rally
Anil Ambani-led Reliance Infra completes Rs 300 crore fund infusion through preferential share allotment – Details here
Anil Ambani-owned Reliance Infra share price hits 5% upper circuit as subsidiary partners with Dassault Aviation
Reliance Infrastructure shares hit 5% upper circuit level today; here's why
