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09-Aug2017

Reliance Infrastructure firms up on the bourses

Reliance Infrastructure is currently trading at Rs. 537.60, up by 9.45 points or 1.79% from its previous closing of Rs. 528.15 on the BSE.

The scrip opened at Rs. 526.55 and has touched a high and low of Rs. 539.45 and Rs. 522.05 respectively. So far 140247 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 635.35 on 09-Sep-2016 and a 52 week low of Rs. 426.45 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 548.80 and Rs. 521.00 respectively. The current market cap of the company is Rs. 14029.20 crore.

The promoters holding in the company stood at 49.71%, while institutions and non-institutions held 37.90% and 12.39% respectively.

Reliance Infrastructure has reported 5.04% rise in its net profit at Rs 417.26 crore for the quarter under review as compared to Rs 397.23 crore for the same quarter in the previous year. The total income of the company increased marginally by 0.08% at Rs 3206.29 crore for Q1FY18 as compared Rs 3203.71 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 23.84% fall in its net profit at Rs 334.17 crore for the quarter ended June 30, 2017 as compared to Rs 438.80 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased by 4.85% at Rs 8085.50 crore for quarter under review as compared to Rs 7711.71 crore for the same quarter in the previous year.


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