Reliance Infrastructure shares zoom nearly 5%; here’s why

Wait 5 sec.

Reliance Infrastructure shares surged 4.66% after the company announced the conclusion of ED action with no impact on operations, and unveiled a new growth strategy across Defence, Aerospace, and Renewable Energy. The ED probe was linked to decade-old transactions involving RCOM and RHFL, which the company clarified have no financial or business ties with Reliance Infrastructure.