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Reliance Infrastructure rises on bagging 960-MW hydel power project in HP

06 Aug 2015 Evaluate

Reliance Infrastructure is currently trading at Rs. 431.00, up by 3.60 points or 0.84% from its previous closing of Rs. 427.40 on the BSE.

The scrip opened at Rs. 430.60 and has touched a high and low of Rs. 435.00 and Rs. 428.85 respectively. So far 100631 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 779.30 on 06-Aug-2014 and a 52 week low of Rs. 347.55 on 03-Jun-2015.

Last one week high and low of the scrip stood at Rs. 435.00 and Rs. 409.50 respectively. The current market cap of the company is Rs. 11386.15 crore.

The promoters holding in the company stood at 48.53% while Institutions and Non-Institutions held 36.12% and 13.14% respectively.

Reliance Infrastructure has bagged the 960-MW Jhangi-Thopan-Powari Hydel power project from the Himachal Pradesh (HP) Government. Meanwhile, the Himachal Pradesh Government also approved the allotment of 217 mini and micro hydel projects.

The project has been delayed several times as bidding deadlines were consistently extended since November 5, 2014. This was primarily due to the Himachal Pradesh Government seeking a high premium.

Reliance Infrastructure (RInfra) is a constituent of the Reliance Group, one of the leading business houses in India. RInfra provides Engineering, Procurement and Construction (EPC) services for developing power and road projects. RInfra through its special purpose vehicles has executed a portfolio of infrastructure projects including a metro rail project in Mumbai; eleven road projects with total length of 1,000 kms and cement plants with aggregate capacity of 5.8 million tonnes in Madhya Pradesh and Maharashtra.

Reliance Infra Share Price

89.36 0.00 (0.00%)
09-Apr-2026 16:59 View Price Chart
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