Shares of Anil Ambani-owned Reliance Infrastructure rose over 7 percent to Rs 345.40. Over the past four-and-a-half years, Reliance Infra's shares have seen a significant gain of over 3,600 percent. Check the details here

Good news for Anil Ambani Shares in industrialist Anil Ambani's Reliance Infrastructure rallied significantly, with the Sensex falling more than 1,200 points amid a bloodbath in the Indian stock market. On Monday, shares of Reliance Infrastructure rose over 7 percent to Rs 345.40. Notably, in the last four-and-a-half years, shares of Anil Ambani's company have skyrocketed by more than 3,600 percent, rising from Rs 9 to above Rs 340. Surprisingly, shares of Reliance Infrastructure are now trading at a 52-week high of Rs. 350.90 are close. Anil Ambani is the brother of billionaire industrialist Mukesh Ambani and son of Dhirubhai Ambani.

Good news for Anil Ambani: Reliance Infra wins Rs 780 crore arbitration case

Recently, another good news came for Anil Ambani's Reliance Infrastructure as it won an arbitration case worth Rs 780 crore. The Calcutta High Court has upheld an arbitration award in its favor in its dispute with Damodar Valley Corporation (DVC), the company said in a filing. It may be noted that Reliance Infra won a huge deal worth Rs 3,750 crore to build a large 1,200 MW thermal power station in Purulia, West Bengal. But some hurdles delayed the project, forcing DVC to seek compensation which later led to a legal dispute.

Good news for Anil Ambani: Board meeting on Tuesday to raise funds

Reliance Infrastructure has a board meeting marked on the calendar for Tuesday, October 1, where they will brainstorm different ways to raise funds. Some of the ideas on the table include issuing preference shares, going for a qualified institutional placement (QIP), considering a rights issue or foreign currency convertible bonds (FCCBs).

Good news for Anil Ambani: Share price rises by 3,600%

Shares of Anil Ambani-owned Reliance Infrastructure have risen more than 3,600 percent in the last four and a half years. Notably, the shares were trading at Rs 9.20 on March 2020, but by September 30, 2024, the shares touched Rs 345.40. Shares have gained 1,400 percent in the past four years alone. Shares of Reliance Infrastructure have gained more than 150 percent in the last two years.

Good news for Anil Ambani: Investors doubled their money in 4 months

Shares of Reliance Infrastructure have seen a remarkable rise in the last four months, doubling the reward for its shareholders. On May 31, 2024, the shares were trading at Rs 166.45. Fast forward to September 30, 2024, and that was an effective Rs 345.40. The share price has risen significantly over the past month, gaining a whopping 65%. Talking about the highs and lows of the last 52 weeks, the shares touched a high of Rs 350.90 and touched a low of Rs 143.70.