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Reliance Infrastructure moves up on getting nod for scheme of merger

04 Dec 2013 Evaluate

Reliance Infrastructure is currently trading at Rs. 431.10, up by 0.70 points or 0.16% from its previous closing of Rs. 430.40 on the BSE.

The scrip opened at Rs. 431.95 and has touched a high and low of Rs. 432.80 and Rs. 427.50 respectively. So far 129094 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. 308.00 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 436.90 and Rs. 401.00 respectively. The current market cap of the company is Rs. 11300.68 crore.

The promoters holding in the company stood at 48.53% while Institutions and Non-Institutions held 36.53% and 13.72% respectively.

Reliance Infrastructure’s board of directors at its meeting held on November 11, 2013, has approved a scheme of merger of Western Region Transmission (Gujarat) (WRTGL) and Western Region Transmission (Maharashtra) (WRTML), wholly owned subsidiaries of Reliance Infrastructure (Rlnfra) with RInfra, subject to requisite approvals.

Reliance Infrastructure is the largest power distribution licensee in Mumbai, with 25 years license to distribute electricity in its licensed distribution areas spread over 400 Sq. Kms. in the suburbs and surrounding areas of Mumbai, and supplying power to around 29 lakh consumers.

 

Reliance Infra Share Price

87.48 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
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