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Reliance Infrastructure Ltd gains for third consecutive session

Capital Market 

Reliance Infrastructure Ltd is quoting at Rs 139.75, up 3.52% on the day as on 12:54 IST on the NSE. The stock is down 69.15% in last one year as compared to a 13.26% spurt in NIFTY and a 23.76% spurt in the Nifty Energy index.

Reliance Infrastructure Ltd gained for a third straight session today. The stock is quoting at Rs 139.75, up 3.52% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 11466.9. The Sensex is at 38123.07, up 0.07%. Reliance Infrastructure Ltd has risen around 16.85% in last one month.

Meanwhile, Nifty Energy index of which Reliance Infrastructure Ltd is a constituent, has risen around 11.66% in last one month and is currently quoting at 16333.15, up 0.36% on the day. The volume in the stock stood at 115.56 lakh shares today, compared to the daily average of 172.43 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 140.8, up 4.26% on the day. Reliance Infrastructure Ltd is down 69.15% in last one year as compared to a 13.26% spurt in NIFTY and a 23.76% spurt in the Nifty Energy index.

The PE of the stock is 0.67 based on TTM earnings ending December 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: Tue, March 19 2019. 13:05 IST
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