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Reliance Infrastructure surges on reporting 6% rise in Q2 consolidated net profit

07 Nov 2012 Evaluate

Reliance Infrastructure is currently trading at Rs. 490.40, up by 11.65 points or 2.43% from its previous closing of Rs. 478.75 on the NSE.

The scrip opened at Rs. 480.50 and has touched a high and low of Rs. 491.85 and Rs. 480.20 respectively. So far 12, 03,007 shares were traded on the counter.

The NSE stock of face value Rs. 10 has touched a 52 week high of Rs. 679.75 on 06-Mar-2012 and a 52 week low of Rs. 328.30 on 02-Jan-2012.

The promoters holding in the company stood at 48.53% while Institutions and Non-Institutions held 36.53% and 14.43% respectively.

The company has reported 16.46% fall in its net profit at Rs 414.13 crore for the quarter ended September 30, 2012 as compared to Rs 495.74 crore for the same quarter in the previous year. Total income of the company has decreased by 5.98% at Rs 3845.89 crore for quarter under review as compared to Rs 4090.63 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted 5.58% jump in its net profit after taxes, minority interest and share of profit of associates at Rs 381.81 crore for the quarter ended September 30, 2012 as compared to Rs 361.63 crore for the same quarter in the previous year. However, group’s total income has decreased marginally by 0.99% at Rs 5797.62 crore for quarter under review as compared to Rs 5855.34 crore for the quarter ended September 30, 2011.

Reliance Infrast. Share Price

73.90 0.00 (0.00%)
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