Reliance Infrastructure (RInfra) is currently trading at Rs. 458.20, up by 5.85 points or 1.29% from its previous closing of Rs. 452.35 on the BSE.
The scrip opened at Rs. 454.90 and has touched a high and low of Rs. 463.20 and Rs. 452.70 respectively. So far 114932 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 630.00 on 12-May-2017 and a 52 week low of Rs. 390.60 on 15-Nov-2017.
Last one week high and low of the scrip stood at Rs. 466.35 and Rs. 443.55 respectively. The current market cap of the company is Rs. 12073.87 crore.
The promoters holding in the company stood at 49.60%, while Institutions and Non-Institutions held 37.64% and 12.77% respectively.
Reliance Infrastructure (RInfra) has received the Letter of Award (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for three packages worth Rs 1,584 crore for the construction of Mumbai Metro for the North-South Metro-4 corridor which will run between Kasarwadavali in Thane and Wadala. Work has to be completed within 30 months.
The company had participated in the tender for engineering, procurement and construction (EPC) contracts for five packages in a joint venture with Astaldi S.P.A, Italy.
The scope of work includes, part design and construction of elevated viaduct and elevated stations (excluding architectural finishing and pre-engineered steel roof structure of stations) of Line - 4 Corridor (Wadala to Kasarvadavali) of Mumbai Metro Rail Project of MMRDA. This includes entry and exit structures of the stations.
RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.
| Company Name | CMP |
|---|---|
| NTPC | 335.45 |
| Tata Power | 399.40 |
| Power Grid Corp | 310.15 |
| Adani Power | 496.05 |
| Torrent Power | 1502.40 |
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