Reliance Infrastructure fell 1.07% to Rs 525.75 on BSE after consolidated net profit declined 23.84% to Rs 334.17 crore on 3.65% rise in net sales to Rs 7189.21 crore in Q1 June 2017 over Q1 June 2016.
The result was announced after market hours yesterday, 2 August 2017.Meanwhile, the S&P BSE Sensex was down 238.86 points, or 0.74% to 32,237.88
On the BSE, 4.12 lakh shares were traded in the counter, compared with average daily volumes of 3.18 lakh shares in the past one quarter. The stock had hit a high of Rs 543.70 and a low of Rs 523.10. The stock had hit a 52-week high of Rs 635.35 on 9 September 2016. The stock had hit a 52-week low of Rs 426.45 on 9 November 2016.
The large-cap company has equity capital of Rs 262.99 crore. Face value per share is Rs 10.
Reliance Infrastructure (RInfra) is one of the largest infrastructure companies, developing projects through various special purpose vehicles (SPVs) in several high growth sectors such as power, roads and metro rail in the infrastructure space and the defence sector.
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