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Reliance Industrial Infra drops after muted growth in Q1 earnings

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Capital Market
Last Updated : Jul 16 2013 | 1:20 PM IST

The Q1 result was announced after market hours on Monday, 15 July 2013.

Meanwhile, the S&P BSE Sensex was down 239.92 points or 1.2% at 19,794.56.

On BSE, 40,000 shares were traded in the counter as against average daily volume of 1.28 lakh shares in the past one quarter.

The stock hit a high of Rs 360 and a low of Rs 353.55 so far during the day. The stock had hit a 52-week low of Rs 302.40 on 28 March 2013. The stock had hit a 52-week high of Rs 508.90 on 4 January 2013.

The stock had underperformed the market over the past one month till 15 July 2013, rising 3.73% compared with the Sensex's 4.47% gain. The scrip had also underperformed the market in past one quarter, falling 2.42% as against Sensex's 9.13% rally.

The small-cap company has equity capital of Rs 15.10 crore. Face value per share is Rs 10.

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Reliance Industrial Infrastructure, a Reliance Group company, is mainly engaged in the business of setting up/operating Industrial Infrastructure. The company is also engaged in related activities involving leasing and providing services connected with computer software and data processing.

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First Published: Jul 16 2013 | 12:26 PM IST

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