Reliance Infrastructure is currently trading at Rs. 502.00, down by 12.45 points or 2.42% from its previous closing of Rs. 514.45 on the BSE.
The scrip opened at Rs. 512.90 and has touched a high and low of Rs. 512.90 and Rs. 501.00 respectively. So far 160710 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 679.70 on 06-Mar-2012 and a 52 week low of Rs. 328.35 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 527.90 and Rs. 500.50 respectively. The current market cap of the company is Rs. 13190.00 crore.
The promoters holding in the company stood at 48.53% while Institutions and Non-Institutions held 36.76% and 14.20% respectively.
Maharashtra State Road Development Corporation (MSRDC) has decided to terminate the contract with Reliance Infrastructure (RInfra) led consortium, putting an end to the proposed extension of Mumbai's iconic Bandra-Worli Sea Link (BWSL). MSRDC is planning to submit a report to the state government seeking termination of the contract.
Following the two meetings held in July to discuss the cost of termination and the possible exit option, both the companies reached an agreement on the termination of the contract and RInfra will be returned its bank guarantee of Rs 105 crore, as there was a lingering dispute between both the companies over how to take the project forward.
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NTPC | 333.65 |
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