Reliance Infrastructure is currently trading at Rs. 448.00, up by 7.10 points or 1.61% from its previous closing of Rs. 440.90 on the BSE.
The scrip opened at Rs. 444.50 and has touched a high and low of Rs. 451.90 and Rs. 439.10 respectively. So far 130568 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 820.00 on 10-Jun-2014 and a 52 week low of Rs. 351.55 on 17-Feb-2014.
Last one week high and low of the scrip stood at Rs. 475.95 and Rs. 400.80 respectively. The current market cap of the company is Rs. 11781.95 crore.
The promoters holding in the company stood at 48.53 % while Institutions and Non-Institutions held 37.38 % and 12.44 % respectively.
Reliance Infrastructure’s Distribution arm - Reliance Energy has inked a Memorandum of Understanding (MoU) with Innovari, a US based firm, on expanding the Automated Demand Side Management (ADSM).
In 2014, the company partnered with Innovari to implement a pilot project in Mumbai to validate the customer and grid benefits of the ADSM. The pilot concluded successfully proving the ability to auto-manage demand without impacting the customer’s environment and also providing savings. The participants of pilot programme are Raghuleela Mall, ITC, Blue Dart, and Marriot.
Reliance Energy would approach MERC for furthering ADSM program. It will be extended to other high-end consumers in phased manner after MERC approval.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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