Meanwhile, the S&P BSE Sensex was up 29.89 points, or 0.16%, to 18,659.04.
On BSE, 2.42 lakh shares were traded in the counter as against an average daily volume of 11.18 lakh shares in the past one quarter.
The stock hit a high of Rs 326.40 and a low of Rs 320.30 so far during the day. The stock had hit a 52-week high of Rs 508 on 7 January 2013. The stock had hit a 52-week low of Rs 297.05 on 26 March 2013.
The stock had underperformed the market over the past one month till 25 June 2013, sliding 7.64% compared with the Sensex's 5.46% fall. The scrip had, however, outperformed the market in past one quarter, rising 1.72% as against Sensex's 0.28% fall.
The large-cap company has equity capital of Rs 245.63 crore. Face value per share is Rs 10.
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According to the report, Reliance Capital will spin off its consumer lending business into a new entity in which the two Japanese financial firms -- SumitomoMitsui Trust Bank and Nippon Life Insurance -- will buy just under 5% stake each at a substantial premium.
The stake sale is intended to boost Reliance Capital's chances of obtaining a banking license ahead of the deadline for applications on 1 July 2013.
Reliance Capital's consolidated net profit fell 19.5% to Rs 265 crore on 13.8% decline in total income to Rs 1691 crore in Q4 March 2013 over Q4 March 2012.
Reliance Capital, a part of the Reliance Group, is one of India's leading private sector financial services companies.
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