Reliance Infrastructure inches up on turning black in Q2
Reliance Infrastructure is currently trading at Rs. 258.95, up by 0.55 points or 0.21% from its previous closing of Rs. 258.40 on the BSE.
The scrip opened at Rs. 271.30 and has touched a high and low of Rs. 271.30 and Rs. 252.00 respectively. So far 58806 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 350.90 on 24-Sep-2024 and a 52 week low of Rs. 143.70 on 05-Jun-2024.
Last one week high and low of the scrip stood at Rs. 274.80 and Rs. 242.25 respectively. The current market cap of the company is Rs. 10255.84 crore.
The promoters holding in the company stood at 16.50%, while Institutions and Non-Institutions held 9.80% and 73.71% respectively.
Reliance Infrastructure has reported net profit of Rs 2,084.82 crore for second quarter ended September 30, 2024 as compared to net loss of Rs 150.29 crore for the same quarter in the previous year. However, total income of the company decreased by 76.60% at Rs 88.72 crore for Q2FY25 as compared to Rs 379.10 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit of Rs 4,082.53 crore for Q2FY25 as compared to net loss of Rs 294.06 crore for the same quarter in the previous year. However, total income of the company decreased by 0.37% at Rs 7,345.96 crore for Q2FY25 as compared to Rs 7,373.49 crore for the corresponding quarter previous year.