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Reliance Infra spurts on launching ADR scheme in Mumbai

19 Jul 2013 Evaluate

Reliance Infrastructure is currently trading at Rs. 391.90, up by 6.70 points or 1.74 % from its previous closing of Rs. 385.20 on the BSE.

The scrip opened at Rs. 389.90 and has touched a high and low of Rs. 395.60 and Rs. 378.95 respectively. So far 585621 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.35 on 10-Jan-2013 and a 52 week low of Rs. 315.00 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs. 392.40 and Rs. 363.80 respectively. The current market cap of the company is Rs. 10374.96 crore.

The promoters holding in the company stood at 48.53 % while Institutions and Non-Institutions held 35.06% and 15.49% respectively.

Reliance Infrastructure (RInfra), the country’s leading integrated power distribution company, has tied-up with the United States (US) based Innovari Inc., for the pilot implementation of the Automatic Demand Response (ADR) in its licensed distribution area. With this RInfra became India’s first power distribution company to launch globally successful ADR program for the benefit of its consumer in Mumbai.

RInfra’s high end consumer can now voluntarily control their unwarranted power consumption and reduce their monthly electricity bills. The program will bring in triple benefits for participating consumers. They can reduce power wastages or unwanted power consumption during peak hours; earn incentives for participating in the program and reduce their monthly electricity bills.

Reliance Infrastructure is the largest infrastructure company developing projects, through various Special Purpose Vehicles (SPVs), in several high growth areas in the Infrastructure sector i.e. Roads, Metro Rail, and Airports & Cement.

Reliance Infra Share Price

87.48 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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