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RInfra shares up 5% on smart Q3 earnings

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Press Trust of India New Delhi
Reliance Infrastructure (RInfra) today rose 5 per cent after the company's consolidated net profit jumped 49 per cent for the quarter to December 2016.

The stock gained 4.89 per cent to end at Rs 561.65 on BSE. During the day, it soared 5.87 per cent to Rs 566.90.

On NSE, shares of the company went up by 5 per cent to close at Rs 562.65.

On the volume front, 7.58 lakh shares of the company were traded on BSE and over 48 lakh shares changed hands on NSE during the day.

Reliance Infrastructure (R-Infra) yesterday saw its consolidated net profit jump by 49 per cent to Rs 375 crore for the quarter to December 2016.
 

The Anil Ambani-led infrastructure major had clocked a net profit of Rs 251.50 crore in the same quarter of 2015-16.

Its total operating income during the quarter under review stood at Rs 5,815.69 crore as against Rs 6,199.48 crore.

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First Published: Feb 14 2017 | 6:58 PM IST

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