Reliance infrastructure rose 1.38% to Rs 334 at 11:26 IST on BSE, with the stock recovering on bargain hunting after 2-day 6.29% slide.
Meanwhile, the S&P BSE Sensex was down 46.16 points or 0.25% at 18,463.54.
On BSE, 1.69 lakh shares were traded in the counter as against average daily volume of 5.11 lakh shares in the past one quarter.
The stock hit a high of Rs 335.40 and a low of Rs 328.50 so far during the day. The stock had hit a 52-week high of Rs 611.45 on 4 April 2012. The stock had hit a 52-week low of Rs 315 on 28 March 2013.
The stock had underperformed the market over the past one month till 4 April 2013, sliding 21.14% compared with the Sensex's 1.95% fall. The scrip had also underperformed the market in past one quarter, declining 39.73% as against Sensex's 6.44% fall.
The company has equity capital of Rs 262.99 crore. Face value per share is Rs 10.
Shares of Reliance Infrastructure (RInfra) had declined 6.29% in two trading sessions to settle at Rs 329.45 on Thursday, 4 April 2013, from a recent high of Rs 351.60 on 2 April 2013.
Reliance Infrastructure's consolidated net profit jumped 78.3% to Rs 727.94 crore on 14.2% decline in net sales to Rs 5276.91 crore in Q3 December 2012 over Q3 December 2011.
Reliance Infrastructure (RInfra) is India's leading utility company having presence in across the value chain of power business i.e. Generation, Transmission, Distribution, EPC and Trading and the largest infrastructure company by developing projects in all high growth areas in infrastructure sector i.e. Roads, Highways, Metro Rails, Airports and Speciality Real Estate.
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