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RInfra soars on receiving LoA worth Rs 567 crore from NTPC

12 Feb 2018 Evaluate

Reliance Infrastructure is currently trading at Rs. 461.20, up by 9.25 points or 2.05% from its previous closing of Rs. 451.95 on the BSE.

The scrip opened at Rs. 465.90 and has touched a high and low of Rs. 465.90 and Rs. 455.75 respectively. So far 194301 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 630.00 on 12-May-2017 and a 52 week low of Rs. 390.60 on 15-Nov-2017.

Last one week high and low of the scrip stood at Rs. 465.90 and Rs. 408.55 respectively. The current market cap of the company is Rs. 12189.59 crore.

The promoters holding in the company stood at 49.60%, while Institutions and Non-Institutions held 37.64% and 12.77% respectively.

Reliance Infrastructure (RInfra) EPC has received the Letter of Approval (LoA) from National Thermal Power Corporation (NTPC) for Flue Gas Desulphurisation (FGD) works of its 3x500 MW power plant in Jhajjar, Haryana. The order value of the project is Rs 567 crore.

The scope of work includes design, engineering, manufacture, transportation to site, erection and civil work, and testing and commissioning of complete FGD system.
The overall schedule for project is 20 months from the date of LoA for the first unit, with 3 months additional time each for the two subsequent units.

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.

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
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