India's Reliance Infrastructure rises after $1 bln ammunition project plan
** Reliance Infrastructure's shares RLIN.NS up 5% to 267
rupees
** Co said on Tuesday said it will invest 100 bln rupees
($1.19 bln) over the next ten years on a project to produce
explosives, ammunition and small arms
** Stock ended lower in last two sessions; has gained 27%
YTD
(Reporting by Yagnoseni Das in Bengaluru)
((Yagnoseni.Das@thomsonreuters.com;))
Recent news on Reliance Infrastructure
See all newsBrief: Reliance Infrastructure Says MMOPL's Debt Reduced By More Than 11 Bln Rupees
India regulator rejects Anil Ambani settlement request over Reliance Infrastructure
Brief: Reliance Infrastructure Undertakes Steps To Incorporate AI And Related Technology-Driven Activities
India's Reliance Infrastructure at 5-month lows on bigger Q3 loss
Brief: Reliance Infrastructure Unit Receives Notices From Axis Bank And IDFC First Bank