SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Infra gains as its arm gets nod to participate in defence projects

19 Sep 2016 Evaluate

Reliance Infrastructure is currently trading at Rs. 599.20, up by 9.20 points or 1.56% from its previous closing of Rs. 590.00 on the BSE.

The scrip opened at Rs. 593.80 and has touched a high and low of Rs. 607.00 and Rs. 593.75 respectively. So far 1,64,000 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. 322.00 on 23-Sep-2015.

Last one week high and low of the scrip stood at Rs. 613.70 and Rs. 575.00 respectively. The current market cap of the company is Rs. 15,745.21 crore.

The promoters holding in the company stood at 48.36%, while Institutions and Non-Institutions held 35.83% and 12.85% respectively.

Reliance Defence and Engineering (RDEL) wholly owned subsidiary of Reliance Infrastructure has received clearance from Defence Acquisition Council (DAC) for all defence projects particularly Naval Warships and Submarines. DAC has cleared the capacity assessment of RDEL. RDEL and L&T are the only two qualified private companies to participate in Indian Naval projects. RDEL aims to fully participate in the Indian Navy’s ten year acquisition plans worth over Rs 3 Lakh crore.

Reliance Defence and Engineering is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit and another export oriented unit (EOU).


Reliance Infra Share Price

87.48 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×