Big Boost for Anil Ambani 

Reliance Infrastructure’s stock price surges by 50% in just one week, offering relief for Anil Ambani after a rough period.

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Stock Surge Explained

Shares soared after Reliance Infrastructure raised ₹3,014.4 crore through a preferential issue, boosting the stock to a 52-week high. 

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Significant Trading Day

Reliance Infrastructure's stock rose 12% after board approval, closing at ₹316.45 with a market cap of ₹12,622 crore. 

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Analysts Speculate

Analysts suggest stock may face resistance at ₹308, but could hit ₹320. A dip below ₹279 may trigger a sharp decline. 

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Stock Performance Breakdown

Reliance Infrastructure’s stock has increased by 65% over the last 13 trading sessions. A potential breakout pattern is visible. 

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Caution Ahead

With the Relative Strength Index (RSI) indicating an overbought condition, experts urge caution as profit-taking may occur. 

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Business Expansion Plan

Proceeds from the preferential issue will be used to expand business operations and strengthen working capital. 

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Debt Reduction Milestone

Reliance Infrastructure slashed standalone external debt from ₹3,831 crore to ₹475 crore, improving its financial health. 

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Equity Infusion

Earlier, the company received ₹1,100 crore from promoters and ₹1,910 crore from Mumbai-based investment firms. 

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What’s Next for Reliance Infra?

With a net worth of ₹9,041 crore, can Reliance Infrastructure’s recovery be sustained, or is this a temporary gain?

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