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Reliance Infra stock bounces back after recent slump

Business

Reliance Infrastructure's shares made a comeback on Friday, jumping 3% to close at ₹172.2 and hitting an intraday high of ₹175.
That's a 17% gain over three days, though the stock is still down 20% for the month and sits far below its yearly peak of ₹425.

What's up with their earnings and investors?

In Q2FY26, Reliance Infra's profit after tax shot up by over 700% from last quarter, with earnings per share leaping from ₹2.12 to ₹45.27—even though overall income dropped compared to last year.
Promoter ownership stayed steady at 19%, mutual funds nudged their stake up a bit, but foreign investors pulled back noticeably, dropping their holdings from about 10% to just over 7%.