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Reliance Infra shines as its arm enters into cement market under brand name ‘Reliance Cement’

18 Sep 2012 Evaluate

Reliance Infrastructure is currently trading at Rs. 515.30, up by 7.85 points or 1.55% from its previous closing of Rs. 507.75 on the BSE.

The scrip opened at Rs. 510.95 and has touched a high and low of Rs. 517.80 and Rs. 509.00 respectively. So far 1, 01,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 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. 518.10 and Rs. 445.65 respectively. The current market cap of the company is Rs. 13,424 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, part of the Reliance Group, through its subsidiary Reliance Cements Company has launched its first cement under the brand name ‘Reliance Cement’. The Company now commercially enters into Indian cement market that has been on a robust growth trajectory for more than a decade, led by Buoyancy in sector like real estate, infrastructure and construction.

Reliance cement is a new- age Porland Pozzollone Cement, manufactured in its recently commissioned Butibori plant at Maharashtra and will mainly be Vidarbha market. A strong channel network has been set to service the retail customer of Vidarbha region.

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.

Reliance Infra Share Price

75.02 0.00 (0.00%)
04-May-2026 16:59 View Price Chart
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