Reliance Industries Limited (RIL) saw its share price climb 1.43% to ₹1,294.65 on the National Stock Exchange (NSE) on Monday, March 24, 2025, following the completion of a significant acquisition by its subsidiary. Nauyaan Tradings Private Limited (NTPL), a step-down wholly owned subsidiary of RIL, successfully acquired a 74% equity stake in Nauyaan Shipyard Private Limited (NSPL) from Welspun Corp Limited for ₹382.73 crores. This strategic move has positioned NSPL as a step-down subsidiary of RIL, effective from March 21, 2025.
The announcement positively impacted RIL's share market investment appeal, as investors responded to the company's aggressive expansion in maritime infrastructure. Prior to the acquisition, NTPL had already provided an unsecured loan of ₹93.66 crores to NSPL on an arms-length basis.
RIL's strong financial performance fuels investor confidence
RIL's strong financial performance in Q3 FY25 has further strengthened its standing in the share market investment landscape. The company reported a 7.4% increase in net profit, reaching ₹18,540 crores, compared to ₹17,265 crores in the same period last year. Its Earnings Per Share (EPS) also rose to ₹13.70, reflecting the company's strong revenue growth across multiple sectors.
The Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) climbed 7.8% to ₹48,003 crores despite a rise in finance costs due to higher debt. The company's revenue surged by 7.7% year-on-year, reaching ₹2.67 lakh crores. Strong demand in the retail sector, rising tariffs in the telecom segment, and steady margins in oil-to-chemicals helped RIL maintain its upward trajectory in share market investment.
New logistics partnership enhances growth prospects
Adding to the momentum, RIL recently announced a collaboration with DP World Limited to launch an advanced logistics solution for the petrochemical industry. This initiative will reduce carbon emissions by shifting product transport from road to rail, further improving operational efficiency.
Summing up
Reliance Industries share price surged after its subsidiary completed the acquiring 74% stake in Nauyaan Shipyard. Strong Q3 earnings and strategic expansions have reinforced its position in the share market investment sector. Additionally, its logistics partnership with DP World signals further growth opportunities for investors.
As of 10:45 AM on March 24, 2025, Reliance Industries Limited was trading at ₹1,292.35 per share, reflecting a 1.25% increase for the day.
For android only