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Reliance Industrial Infrastructure surges on reporting 4.84% rise in Q3 net profit

16 Jan 2013 Evaluate

Reliance Industrial Infrastructure is currently trading at Rs. 484.35, up by 8.15 points or 1.71 % from its previous closing of Rs. 476.20 on the BSE.

The scrip opened at Rs. 474.40 and has touched a high and low of Rs. 486.15 and Rs. 473.05 respectively. So far 138802 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 565.00 on 22-Feb-2012 and a 52 week low of Rs. 342.20 on 18-May-2012.

Last one week high and low of the scrip stood at Rs. 493.50 and Rs. 454.05 respectively. The current market cap of the company is Rs. 730.99 crore.

The promoters holding in the company stood at 45.43% while Institutions and Non-Institutions held 0.26% and 54.31% respectively

Reliance Industrial Infrastructure has reported results for third quarter ended December 31, 2012.

The company has reported 4.84% rise in its net profit at Rs 6.28 crore for the quarter as compared to Rs 5.99 crore for the same quarter in the previous year. Total income of the company has increased by 37.49% at Rs 20.83 crore for quarter under review as compared to Rs 15.15 crore for the quarter ended December 31, 2011.

Reliance Industrial Infrastructure (RIIL) was founded with an objective to build and operate pipelines for transporting petroleum products. The company is part of the Mukesh Ambani-led Reliance Industries (RIL) Group. The company has operational presence in Mumbai, Rasayani regions of Maharashtra, Surat, and Jamnagar belts of Gujarat. RIIL is in the business of infrastructure and leasing activity.

 

Reliance Indl. Infra Share Price

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