RE­DUCE LEVER­AGE

Reliance In­fra­struc­ture BSE Code: 500390 CMP: ₹506.45

Dalal Street Investment Journal - - KERBSIDE -

The Union cabi­net in midau­gust ap­proved a new Metro Rail Pol­icy that makes pub­licpri­vate par­tic­i­pa­tion (PPP) com­po­nent manda­tory for avail­ing Cen­tral as­sis­tance for new metro projects. This could open up a huge op­por­tu­nity for Anil Am­bani-led Reliance In­fra­struc­ture, which is a key player in this space and there is buzz on the street that the com­pany is plan­ning to un­lock value in its ex­ist­ing busi­nesses and thereby sig­nif­i­cantly re­duce its over­all lever­age. Traders with an ap­petite for risk may en­ter in the stock for de­cent gains.

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