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Reliance Industrial Infrastructure Ltd.

BSE: 523445 Sector: Engineering
NSE: RIIL ISIN Code: INE046A01015
BSE 00:00 | 24 May 326.90 0
(0.00%)
OPEN

324.00

HIGH

329.70

LOW

322.30

NSE 09:07 | 27 May 324.60 -2.70
(-0.82%)
OPEN

324.60

HIGH

324.60

LOW

324.60

OPEN 324.00
PREVIOUS CLOSE 326.90
VOLUME 52046
52-Week high 496.30
52-Week low 260.50
P/E 63.35
Mkt Cap.(Rs cr) 494
Buy Price 326.90
Buy Qty 218.00
Sell Price 326.90
Sell Qty 31.00
OPEN 324.00
CLOSE 326.90
VOLUME 52046
52-Week high 496.30
52-Week low 260.50
P/E 63.35
Mkt Cap.(Rs cr) 494
Buy Price 326.90
Buy Qty 218.00
Sell Price 326.90
Sell Qty 31.00

Reliance Industrial Infrastructure Ltd. (RIIL) - Company History

Reliance Industrial Infrastructure Limited (RIIL), an arm of Reliance Group, is mainly engaged in the business of setting up / operating Industrial Infrastructure, which was incorporated on 29th September 1988 as a public limited company under the name of Chembur Patalganga Pipelines Limited. The Company is also engaged in related activities involving leasing and providing services connected with computer software and data processing. RIIL has its operations in the Mumbai and the Rasayani regions of Maharashtra, Surat and Jamnagar belts of Gujarat as also at other places in India. Certificate of Commencement of business of the company was obtained on 4th January of the year 1989 and commenced its commercial operations in the year of 1992. The name of the company was changed from Chembur Patalganga Pipelines Limited to CPPL Limited in September of the same year 1992 and thereafter to its present name Reliance Industrial Infrastructure Limited in March of the year 1994. RIIL had entered into an agreement with Gujarat Gas Company Limited during the year 1999 to pursue the LPG business relating to Gujarat. RIIL's equity participation (10%) in Larson & Toubro was transferred to Grasim Industries Limited in the year 2001 for the consideration of Rs 766.50 crores. RIIL had secured an in-principle approval from the Railway Board in February of the year 2006 for running container trains on specific routes across the country. The Company's web URL was launched in December of the year 2007, to show about all relation to the company worldwide. Reliance Corporate Centre and Reliance Convention and Exhibition Centre were became subsidiaries of the company in the year 2008. The Company will continue to maintain its focus in the infrastructure and project related areas. RIIL has been getting orders for setting up port facility and supply of IT Infrastructure equipments and software on lease. This is expected to provide growth opportunities to the Company.