Reliance Infrastructure Shares Tumbled 8% Today; Here's What Analysts Have To Say

Shares of Reliance Infrastructure Ltd connected Tuesday slipped 7.67 per cent to settee astatine Rs 236.65. At this price, nan banal has corrected 25.86 per cent successful nan almanac twelvemonth 2025 truthful far. Around 4.41 lakh shares changed hands connected BSE today. The fig was little than nan two-week mean measurement of 5.17 lakh shares. Turnover connected nan antagonistic came astatine Rs 10.82 crore, commanding a marketplace capitalisation (m-cap) of Rs 9,374.44 crore.

Market experts suggested nan antagonistic is suitable for high-risk-taking investors. Technically, support could beryllium seen successful nan Rs 235-220 zone.

Kranthi Bathini, Director of Equity Strategy astatine WealthMills Securities said RInfra's stock, by and large, moves connected speculation and is suitable only for high-risk appetite investors.

Kunal Kamble, Senior Technical Research Analyst astatine Bonanza Group, said nan banal is indicating a continued bearish inclination connected charts. "Unless it decisively moves supra nan Rs 275 level, it is expected to gaffe towards nan Rs 220 support zone," he underscored.

Jigar S Patel, Senior Manager - Technical Research Analyst astatine Anand Rathi, said, "Support will beryllium astatine Rs 235 and guidance astatine Rs 258. A decisive move supra Rs 258 level whitethorn trigger a further upside towards Rs 265. The expected trading scope will beryllium betwixt Rs 230 and Rs 258 for nan short term."

The scrip traded little than nan 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day elemental moving averages (SMAs). Its 14-day comparative spot scale (RSI) came astatine 40.08. A level beneath 30 is defined arsenic oversold while a worth supra 70 is considered overbought.

As per BSE, nan banal has a antagonistic price-to-equity (P/E) ratio of 3.91 against a price-to-book (P/B) worth of 1.15. Earnings per stock (EPS) stood astatine (-)60.46 pinch a return connected equity (RoE) of (-)29.27. According to Trendlyne data, RInfra has a one-year beta of 1.5, indicating precocious volatility.

Anil Ambani's RInfra is engaged successful nan business of providing EPC services, powerfulness distribution successful Delhi and besides successful nan implementation, cognition and attraction of respective projects successful defence assemblage and infrastructural areas specified arsenic metro, toll roads and airports. It has besides executed nan Mumbai Metro Line One project. As of March 2025, promoters held a 16.50 per cent liking successful nan company.

Published on: May 6, 2025 6:53 PM IST