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Reliance Infrastructure rises on getting nod to raise up to Rs 3,000 crore

15 May 2018 Evaluate

Reliance Infrastructure (RInfra) is currently trading at Rs. 401.45, up by 5.05 points or 1.27% from its previous closing of Rs. 396.40 on the BSE.

The scrip opened at Rs. 396.40 and has touched a high and low of Rs. 403.70 and Rs. 391.00 respectively. So far 65546 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 613.90 on 17-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. 439.65 and Rs. 390.65 respectively. The current market cap of the company is Rs. 10424.92 crore.

The promoters holding in the company stood at 49.54%, while Institutions and Non-Institutions held 38.23% and 12.23% respectively.

Reliance Infrastructure has received an approval for augmenting long term resources by issue of equity shares by way of Rights Issue to the existing shareholders and/or through Qualified Institutions Placement, for an amount up to Rs 3,000 crore. The board of directors at its meeting held on May 14, 2018 approved the same.

RInfra 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
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Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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