Wednesday 9 July 2014

Reliance Infrastructure stock down 2%

The stock has hit a high of Rs754 and a low of Rs731.

Shares of Reliance Infrastructure Ltd was down 2% at Rs737 on reports that Telangana government entity has approved a restructuring plan by consultancy firm EY for a project that includes a 100-storey trade tower in Hyderabad.
The stock has hit a high of Rs754 and a low of Rs731.
Report stated that the company which was to implement the Rs7,000-crore project, is hoping that the government will give the plan its go-ahead to the stalled venture

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