Should I buy Reliance Infrastructure stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Reliance Infrastructure for over three years. Every month, lakhs of users in India trust us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Reliance Infrastructure.

What is Reliance Infrastructure?

What is the price of Reliance Infrastructure stock?

The price of Reliance Infrastructure stock is rising this week. As of today, the stock trades at ₹374.20, showing a slight 24-hour dip of -₹2.75 (-0.73%) but a major weekly gain of over +100% year-on-year. The company boasts a market capitalisation of ₹14,823 crores, with a robust three-month average daily volume of 3.37 million shares. With a highly attractive P/E ratio of 3.00, no current dividend yield, and a stock beta of 1.66, Reliance Infrastructure offers dynamic potential for investors, but also comes with notable volatility that rewards strategic decision-making.

Our full analysis on the Reliance Infrastructure stock

After a thorough review of Reliance Infrastructure’s most recent financial results and the stock’s price action over the last three years, we have utilized a multi-source approach—incorporating financial indicators, technical analysis, market sentiment, and sector benchmarking, all processed through our proprietary algorithms. Our findings suggest that a unique convergence of fundamental and technical strengths is taking shape, supported by instant market feedback and a healthy flow of new contracts. So, why might Reliance Infrastructure stock once again become a strategic entry point into the infrastructure, defence, and energy space in 2025?

Recent performance and market context

Reliance Infrastructure has delivered a remarkable stock performance, with the share price rising to ₹374.20 as of July 2025—more than doubling over the past twelve months for a 1-year gain of +100.15%. Even after a slight 24-hour retracement (-₹2.75, or -0.73%), the long-term bullish trend remains impressive. The new 52-week high of ₹423.40 illustrates renewed investor enthusiasm, supported by robust trading volumes averaging 3.37 million shares per day. This surge is anchored by a series of highly positive events: a successful and completed debt reduction program (the company is now standalone debt-free, having repaid ₹3,300 crores in FY25), a solid return to profitability, and headline-making strategic partnerships in the defence sector. The macroeconomic backdrop is equally constructive, with India’s ambitious infrastructure modernisation, rapid urbanisation, and increased government focus on indigenisation in defence and energy providing a powerful secular wind at the company’s back.

Technical analysis

A close inspection of technical indicators confirms the stock’s advantageous setup. The RSI (14 days) sits at 68.41, near-overbought but signalling persistent demand; meanwhile, the MACD at -0.65 is crossing transitional territory, suggesting potential for further buying on momentum pullbacks rather than a reversal. Equally important, Reliance Infrastructure currently trades well above all its main moving averages, underlining the long-term uptrend. Technical support at ₹344.62 has held firm despite market volatility, while the most recent rally pushed quickly through intermediate resistances, confirming robust buying pressure. Repeated 52-week highs, along with a generally bullish chart structure, provide clear signals that medium-term momentum remains favourable.

Fundamental analysis

Reliance Infrastructure’s resurgence is not just a technical phenomenon but underpinned by striking improvements in financial performance. In Q4 FY25, revenues reached ₹4,108 crores, while adjusted EBITDA soared to ₹8,876 crores—a staggering 681% quarter-on-quarter increase, reflecting operational leverage and a sharp turnaround. Net profit followed this upward curve, reaching ₹4,387 crores, with earnings per share at ₹110.75 for the quarter: proof of a successful transformation plan and improved cost structure. These results widely outperformed consensus estimates, restoring credibility and setting a strong platform for future expansion. Perhaps most compelling is the stock’s current valuation: with a P/E ratio of just 3.00, Reliance Infrastructure trades at a significant discount both to the sector and to its own historical averages. This suggests investors have the opportunity to access a fundamentally sound business, capable of generating healthy free cash flow, at bargain levels. The company is strengthening its position in strategic, high-growth domains: defence manufacturing, renewables, and urban infrastructure, underpinned by a proven track record in energy transmission and distribution (especially in Delhi).

Volume and liquidity

Sustained high trading volume is a hallmark of robust market confidence in Reliance Infrastructure. With a three-month average daily turnover of 3.37 million shares, the stock is highly liquid, allowing institutional and retail investors to enter and exit positions efficiently. The substantial free float—about 81% of share capital—supports dynamic price formation, while recent increases in promoter shareholding (now at 19.05%) indicate renewed insider confidence. Foreign institutional ownership stands at a healthy 11%, emphasising global investor appeal and a strong liquidity profile conducive to price discovery during bullish phases.

Catalysts and positive outlook

A series of distinct growth catalysts are currently converging for Reliance Infrastructure. The company recently inked a landmark partnership with Dassault Aviation to produce Falcon 2000 jets in India, reflecting a move into high-value defence manufacturing. Major export orders, such as the ₹600 crores contract from German powerhouse Rheinmetall AG, and a long-term maintenance agreement with Coastal Mechanics (USA) worth ₹20,000 crores, demonstrate the increasing international reach and credibility of its defence division. At the same time, Reliance Infrastructure remains front and centre in India’s energy transition story, with projects spanning renewables, urban electrification, and sustainable mobility. The government’s business-friendly regulatory push—for example, incentives for defence indigenisation and renewable integration—creates a macro environment that favours group expansion and margin improvement. Furthermore, with the company having achieved zero standalone debt, cash flow previously dedicated to debt servicing is now being redirected toward R&D and project execution, increasing both optionality and resilience. Management’s vision is visibly oriented toward innovation and transformation—visible in its advanced urban infrastructure projects like the Mumbai Metro and strategic investments in smart grid technologies.

Investment strategies

Given this rare blend of technical and fundamental strength, Reliance Infrastructure seems to represent an excellent opportunity for investors seeking exposure to India’s infrastructure and defence boom. For short-term traders, clear technical supports and breakout signals make it possible to tactically exploit momentum and volatility. Medium-term investors may benefit from positioning ahead of major contract announcements, quarterly earnings, or policy moves in sectors such as defence and urban infrastructure. For long-term allocators, the current valuation, strong brand, and strategic diversification offer compelling arguments for sustained holding, especially given India’s multi-decade capex cycle. The stock’s current levels—well above technical supports but still trading at a deep discount to intrinsic value—suggest that risk/reward remains on the buy side, particularly ahead of expected earnings and fresh deal flows.

Is it the right time to buy Reliance Infrastructure?

In summary, Reliance Infrastructure combines a demonstrated turnaround in profitability, a proven ability to win and execute large-scale contracts, and exposure to India’s fastest-growing and most strategic sectors. The company’s newfound debt-free status, exceptional EBITDA surge, strong market liquidity, and robust technical posture reinforce the sense that the stock may be entering a new bullish phase. At a P/E of 3.00, the fundamentals justify renewed interest from both institutional and retail investors looking for value and upside. With the alignment of technical momentum, bullish news flow, and macro tailwinds, Reliance Infrastructure deserves to be closely watched—and, for many, seriously considered—as India enters a new era of infrastructure and defence leadership.

Reliance Infrastructure demonstrates all the hallmarks of a stock with outstanding upside potential and sound risk/reward balance; for investors prepared to act on market shifts, the window of opportunity appears both timely and convincing.

How to Buy Reliance Infrastructure Stock in India

Buying Reliance Infrastructure stock online is straightforward and secure when you use a regulated Indian broker. Investors can choose between buying shares outright (spot buying) or trading via Contracts for Difference (CFDs) for greater flexibility. Spot buying means true ownership of shares, while CFD trading enables you to speculate on price movements, often with leverage. See our detailed broker comparison further down the page to find the best fit for your needs.

Spot buying

When you buy Reliance Infrastructure stock for cash, you become a shareholder and own your shares directly. This method is ideal for long-term investors who want to benefit from potential rises in share price and dividends (if paid in the future). Typical fees include a fixed commission per buy or sell order, often around ₹100–₹300 per transaction in India, depending on the broker and order size.

Example of a Gain Scenario

For example: If the Reliance Infrastructure share price is ₹374.20, you can buy around 3.5 shares with a $1,000 (₹83,000) stake, accounting for a standard brokerage fee of about $5 (₹415).

✔️ Gain scenario: If the share price rises by 10%, your shares are now worth $1,100 (₹91,300).

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFDs (Contracts for Difference) allow you to trade on Reliance Infrastructure shares without owning them directly. With CFDs, you can use leverage, meaning you only need to deposit a fraction of the total position value. Instead of a commission, you typically pay the spread (difference between buy/sell price) and an overnight financing fee if you hold the position beyond one day.

CFD Gain Scenario Example

Example: You open a CFD position on Reliance Infrastructure shares, with 5x leverage and $1,000 as your margin.

This gives you market exposure of $5,000.

✔️ Gain scenario:

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +$400 gain, on a bet of $1,000 (excluding broker fees).

Final advice

Always compare the fees, trading conditions, and investor protections offered by different brokers before committing your funds. Your choice between spot buying and CFDs should reflect your risk tolerance and investment horizon. For a detailed analysis of leading brokers in India, consult the comparator further down this page.

Our 7 tips for buying Reliance Infrastructure stock

The latest news about Reliance Infrastructure

Reliance Infrastructure reports a significant increase in EBITDA and net profit in Q4 FY25. The company’s latest quarterly results showed EBITDA of ₹8,876 crores, up 681% quarter-on-quarter, and net profit at ₹4,387 crores, marking a strong return to profitability and well above analyst expectations, supporting renewed market optimism around the stock.

Reliance Infrastructure becomes debt-free on a standalone basis after repaying ₹3,300 crores in FY25. Completion of this deleveraging initiative sharply improves the balance sheet, freeing up cash flows for reinvestment and providing additional resilience in volatile market conditions, which investors have welcomed as a sign of financial health.

Stock achieves new 52-week highs, reflecting robust investor confidence and sustained buying interest. Reliance Infrastructure’s share price touched ₹423.40 recently, with a yearly gain of over 100%, driven by both strong financial performance and anticipation of continued growth in sectors such as defence and urban infrastructure in India.

Strategic partnerships expand Reliance Infrastructure’s defence sector presence with major export orders and technology alliances. Notable deals, including collaborations with Dassault Aviation and contracts from Rheinmetall AG and Coastal Mechanics, signal an increasing international profile and further revenue diversification, positioning the company as a key player in India’s defence manufacturing ecosystem.

Promoters increase their stake in Reliance Infrastructure, indicating growing insider confidence in future prospects. The latest disclosure shows promoter holding rising to 19.05%, an encouraging signal for shareholders, as internal stakeholders bet on strategic transformation and ongoing positive momentum in the Indian infrastructure and defence markets.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.