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Infra stocks jump as govt to invest Rs 10000 crore per year on Urban infra development fund

01 Feb 2023 Evaluate

Shares of infrastructure jumped after Finance Minister Nirmala Sitharaman announced that govt will invest Rs 10000 crore per year on Urban infra development fund.

Reliance Infrastructure is currently trading at Rs. 130.25, up by 5.30 points or 4.24% from its previous closing of Rs. 124.95 on the BSE. The scrip opened at Rs. 127.80 and has touched a high and low of Rs. 130.65 and Rs. 126.85 respectively. So far 66874 shares were traded on the counter.

Hindustan Construction Company is currently trading at Rs. 19.70, up by 0.55 points or 2.87% from its previous closing of Rs. 19.15 on the BSE. The scrip opened at Rs. 19.25 and has touched a high and low of Rs. 19.75 and Rs. 19.10 respectively. So far 2380298 shares were traded on the counter.

Jaiprakash Associates is currently trading at Rs. 9.17, up by 0.08 points or 0.88 % from its previous closing of Rs. 9.09 on the BSE. The scrip opened at Rs. 9.19 and has touched a high and low of Rs. 9.36 and Rs. 9.10 respectively. So far 396939 shares were traded on the counter.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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