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Reliance Infrastructure Ltd eases for fifth straight session

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The stock is quoting at Rs 334.05, down 2.81% on the day as on 13:19 IST on the NSE. Reliance Infrastructure Ltd tumbled 27.98% in last one year as compared to a 11.26% rally in NIFTY and a 19.35% spurt in the Nifty Energy index.

Reliance Infrastructure Ltd fell for a fifth straight session today. The stock is quoting at 334.05, down 2.81% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.42% on the day, quoting at 10984.4. The Sensex is at 36357.13, down 1.32%.Reliance Infrastructure Ltd has eased around 20.8% in last one month.Meanwhile, Nifty Energy index of which Reliance Infrastructure Ltd is a constituent, has eased around 3.26% in last one month and is currently quoting at 15575.3, down 0.11% on the day. The volume in the stock stood at 35.02 lakh shares today, compared to the daily average of 57.46 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 334.05, down 3.13% on the day. Reliance Infrastructure Ltd tumbled 27.98% in last one year as compared to a 11.26% rally in NIFTY and a 19.35% spurt in the Nifty Energy index.

The PE of the stock is 6.84 based on TTM earnings ending June 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 24 2018. 13:35 IST
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