Reliance Infrastructure (RInfra) is currently trading at Rs. 493.55, up by 10.25 points or 2.12% from its previous closing of Rs. 483.30 on the BSE.
The scrip opened at Rs. 486.40 and has touched a high and low of Rs. 493.55 and Rs. 486.40 respectively. So far 23,000 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. 426.45 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 496.45 and Rs. 468.50 respectively. The current market cap of the company is Rs. 13,123.00 crore.
The promoters holding in the company stood at 49.71%, while Institutions and Non-Institutions held 37.90% and 12.39% respectively.
Greenko is reportedly in talks with Anil Ambani-led Reliance Infrastructure (RInfra) to acquire its Mumbai electricity business for an enterprise value of Rs 10,000-13,000 crore ($1.75-2 billion).
The Mumbai business caters to 3 million customers, making it the country’s largest private sector integrated power utility, entailing 1800 mw of distribution along with generation facilities, besides over 1,000 km of underground network. The distribution franchise is nine decades old with the licence valid till August 2036.
Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.
| 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.. | |
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