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Reliance Infrastructure Ltd spurts 8.29%, rises for third straight session

Capital Market 

Reliance Infrastructure Ltd is quoting at Rs 116.95, up 8.29% on the day as on 12:54 IST on the NSE. The stock is down 70.47% in last one year as compared to a 11.51% gain in NIFTY and a 19.7% gain in the Nifty Energy index.

Reliance Infrastructure Ltd rose for a third straight session today. The stock is quoting at Rs 116.95, up 8.29% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.8% on the day, quoting at 11727. The Sensex is at 39040.78, up 2.93%. Reliance Infrastructure Ltd has added around 0.52% in last one month.

Meanwhile, Nifty Energy index of which Reliance Infrastructure Ltd is a constituent, has added around 1.45% in last one month and is currently quoting at 15538.65, up 4.1% on the day. The volume in the stock stood at 65.48 lakh shares today, compared to the daily average of 110.37 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 117.25, up 8.41% on the day. Reliance Infrastructure Ltd is down 70.47% in last one year as compared to a 11.51% gain in NIFTY and a 19.7% gain in the Nifty Energy index.

The PE of the stock is 0.54 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: Mon, May 20 2019. 13:05 IST
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