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Reliance Infrastructure Ltd gains for a third straight session today

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Capital Market
Last Updated : Jul 09 2018 | 1:31 PM IST

The stock is quoting at Rs 398.15, up 3.46% on the day as on 12:49 IST on the NSE. Reliance Infrastructure Ltd is down 22.9% in last one year as compared to a 10.91% spurt in NIFTY and a 10.54% spurt in the Nifty Energy index.

Reliance Infrastructure Ltd gained for a third straight session today. The stock is quoting at Rs 398.15, up 3.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.6% on the day, quoting at 10836.75. The Sensex is at 35893.92, up 0.66%. Reliance Infrastructure Ltd has slipped around 8.99% in last one month.

Meanwhile, Nifty Energy index of which Reliance Infrastructure Ltd is a constituent, has slipped around 3.15% in last one month and is currently quoting at 13283.8, up 0.95% on the day. The volume in the stock stood at 14.87 lakh shares today, compared to the daily average of 19.32 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 400.9, up 3.67% on the day. Reliance Infrastructure Ltd is down 22.9% in last one year as compared to a 10.91% spurt in NIFTY and a 10.54% spurt in the Nifty Energy index.

The PE of the stock is 7.33 based on TTM earnings ending March 18.

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First Published: Jul 09 2018 | 1:05 PM IST

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