Reliance Infrastructure shares surged after its defence arm secured a ₹600 crore export order from Germany’s Rheinmetall. The deal strengthens their strategic partnership and supports plans for a major defence facility in Maharashtra under the Dhirubhai Ambani Defence City initiative.
Reliance Infrastructure's share price was trading with gains of over 4.5% on June 26, 2025. The surge in the share price was driven by the announcement of a new export order received by the company.
On Thursday, June 26, the stock has seen an intraday high of ₹423 and is trading significantly up from its yesterday’s close of ₹404.65. As of today, June 26, 2025, at approximately 11:40 AM IST, the stock is trading at ₹423, up by 4.5%.
On a year-to-date basis, the stock is up by 38% while in the last 12 months, the stock price has given multibagger returns of 101%.
Reliance Defence, promoted by Reliance Infrastructure Limited, has secured a significant export order valued at ₹600 crore from Rheinmetall Waffe Munition GmbH, a leading German defence and ammunition manufacturer. This order marks one of the largest contracts to date in the high-tech ammunition sector. The agreement further solidifies the strategic partnership recently announced between Reliance Defence and Rheinmetall.
This collaboration is a crucial step in Reliance Defence's strategy to become a reliable partner in the global defence and munitions supply chain, with a specific focus on the European market. Both companies are committed to long-term cooperation, aiming to advance the 'Atmanirbhar Bharat' and 'Make in India' initiatives by enhancing indigenous defence manufacturing capabilities. Reliance Defence has set a goal to be among the top three defence exporters in India.
Armin Papperger, CEO of Rheinmetall AG while announcing the strategic partnership said, “this Strategic Partnership of Rheinmetall with Reliance Defence led by Anil Ambani’s Reliance Group illustrates our strong commitment to partner with India under the strong leadership of Prime Minister Modi”.
Anil D. Ambani, Founder Chairman, Reliance Group said “The strategic partnership with Rheinmetall brings cutting-edge capabilities to India and represents a defining milestone for the country’s private defence manufacturing sector. Guided by the vision of Aatmanirbhar Bharat, as championed by Prime Minister Shri Narendra Modi, our ambition is clear — to position Reliance Defence among the world’s Top 3 defence exporters. Through this, we aim to enable India not only to meet its domestic defence needs with confidence, but also to establish itself as a trusted force in the global defence supply chain.”
Reliance Defence plans to establish an integrated facility for manufacturing explosives, ammunition, and small arms as part of the Dhirubhai Ambani Defence City (DADC) initiative. This DADC project, located in the Watad industrial area of Ratnagiri, Maharashtra, is poised to be the largest greenfield project in the defence sector undertaken by any private company in India. The DADC will serve as a foundation for future innovation, advanced production, and export-oriented growth within the defence sector.
For the quarter ending March 2025, Reliance Infrastructure Ltd reported revenue from operations of ₹4,108.01 crore, down 12.33 per cent compared to ₹4,685.96 crore in March 2024. However, the company recorded a turnaround in profitability, posting a net profit of ₹4,387.08 crore in Q4 FY25, against a loss of ₹220.58 crore in the same quarter last year. In Q4 FY25, the company reported regulatory income of ₹8,274.87 crore.
On an annual basis, revenue from operations for FY25 stood at ₹23,591.88 crore, marking a growth of 6.91 per cent over ₹22,066.86 crore in FY24. The company also posted a strong turnaround in net profit, reporting ₹4,937.52 crore in FY25 compared to a loss of ₹1,608.66 crore in FY24.
Reliance Infrastructure Limited (Reliance Infrastructure) is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector. Reliance Infrastructure is a major player in providing Engineering and Construction (E&C) services for developing power, infrastructure, metro and road projects.
Disclaimer: The article is for informational purposes only and not investment advice.
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