Reliance Infra stock plunges 20% as SC reverses Rs 8,000-crore

Reliance Infra stock plunges 20% as SC reverses Rs 8,000-crore award to DMRC

Reliance Infra stock: On April 10, shares of Reliance Infrastructure plummeted by 20 percent, reaching a lower circuit limit at Rs 227.4. This drop came following a Supreme Court directive instructing its airport metro arm to refund arbitral award payments received from the Delhi Metro Rail Corporation (DMRC). The Supreme Court approved DMRC’s curative petition,…

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