Reliance Infrastructure Stock Plunges 50%, Hits Lower Circuit Amid Weak Financials

• Reliance Infrastructure stock opened at a lower circuit and continued to fall, reaching a 50% decline over the past year.
• The company reported a significant 89.5% year-on-year decrease in Q3 FY26 Profit Before Tax and a net loss of Rs 8.88 crore.
• Weak operational metrics include a low ROCE of 4.58% and a high Debt/EBITDA ratio of 7.32 times, indicating heavy debt.
• Brokerage firm MarketsMojo downgraded the stock to 'Sell', citing negative outlook and weak technical indicators.
• Institutional investors, including FIIs, have significantly reduced their stake, and promoter holding is low, signaling declining confidence.

Why It Matters: Reliance Infrastructure stock faces severe pressure due to poor financials, high debt, and investor exits.