Reliance Infrastructure is currently trading at Rs. 605.80, up by 13.85 points or 2.34 % from its previous closing of Rs. 591.95 on the BSE.
The scrip opened at Rs. 630.00 and has touched a high and low of Rs. 630.00 and Rs. 605.20 respectively. So far 597297 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. 630.00 and Rs. 576.95 respectively. The current market cap of the company is Rs. 16029.24 crore.
The promoters holding in the company stood at 49.63%, while Institutions and Non-Institutions held 37.87% and 12.51% respectively.
Delhi Airport Metro Express (DAMEPL), an associate of Reliance Infrastructure (RInfra), has been awarded compensation of Rs 2950 crore by a three member arbitral tribunal in a unanimous decision. The tribunal was constituted from a panel nominated by DMRC.
The Award to RInfra has been granted on the basis of termination provisions of the Concession Agreement where the arbitration tribunal has held termination by DAMEPL as valid. The compensation covers damage as a result of breach by DMRC of its obligations under the Concession Agreement and Material Adverse Effect on the ability of DAMEPL to perform its obligations under the Concession Agreement. The company will pay lenders' debt of Rs 1900 crore from the compensation award.
| 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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