Reliance Infrastructure (RInfra) is currently trading at Rs. 484.05, up by 10.30 points or 2.17% from its previous closing of Rs. 473.75 on the BSE.
The scrip opened at Rs. 477.90 and has touched a high and low of Rs. 485.80 and Rs. 477.75 respectively. So far 71746 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 679.70 on 06-Mar-2012 and a 52 week low of Rs. 328.35 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 520.85 and Rs. 467.85 respectively. The current market cap of the company is Rs. 12713.95 crore.
The promoters holding in the company stood at 48.53% while Institutions and Non-Institutions held 36.76% and 14.20% respectively.
Reliance Infrastructure (RInfra), part of Reliance Group, through its special purpose vehicle (SPV) - SU Toll Road, has commenced its seventh road project from Salem to Ulundurpet in Tamil Nadu. The four lanning of Salem-Ulundurpet (SU) road has been completed and toll collection started.
The project is executed on build operate transfer (BOT) pattern under the aegis of National Highways Authority of India. The company has been awarded the contract to operate and maintain the road for a concession period of 25 years.
The project is built at a cost of Rs 1,061 crore. The SU corridor connects major tourist destinations, industrial zones and the Chennai international airport. Besides, Yercaud - a hill station and an important tourist destination in Salem district will now be easily accessible through this corridor.
Reliance Infrastructure is the largest infrastructure company developing projects, through various Special Purpose Vehicles; in several high growth areas in Infrastructure sector i.e. Roads, Metro Rail, Airports, etc. The Company is also leading utility company having presence across the value chain of power businesses i.e. Generation, Transmission, Distribution, EPC and Trading.
| 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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