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Reliance Infrastructure touches roof on getting shareholders’ nod to raise up to Rs 550.56 crore

08 Jul 2021 Evaluate

Reliance Infrastructure is currently trading at its upper circuit of Rs. 82.05, up by 3.90 points or 4.99% from its previous closing of Rs. 78.15 on the BSE.

The scrip opened at Rs. 76.25 and has touched a high and low of Rs. 82.05 and Rs. 76.25 respectively. So far 68813 shares were traded on the counter.

The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.00 on 21-Jun-2021 and a 52 week low of Rs. 19.20 on 12-Nov-2020.

Last one week high and low of the scrip stood at Rs. 89.00 and Rs. 76.25 respectively. The current market cap of the company is Rs. 2157.83 crore.

The promoters holding in the company stood at 4.98%, while Institutions and Non-Institutions held 12.20% and 82.63% respectively.

Reliance Infrastructure (RInfra) has received approval from shareholders for raising funds to Rs 550.56 crore through issuance of shares on a preferential basis. The funds raised would be utilized for long-term resources, for general corporate purposes and to fund future growth.

Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors within the infrastructure space such as Power, Roads, Metro Rail and Defence.

Reliance Infra Share Price

83.11 0.00 (0.00%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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