Reliance Infra gets nod for Naval & land defence systems

The company has received nod for Naval & Land Defence Systems.

Reliance Infrastructure Ltd has announced that it has received nod for Naval & Land Defence Systems.

Reliance Infrastructure Ltd is currently trading at Rs. 419.25, up by Rs. 8.75 or 2.13% from its previous closing of Rs. 410.5 on the BSE.

The scrip opened at Rs. 414 and has touched a high and low of Rs. 420.8 and Rs. 407.5 respectively. So far 1362396(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10795.74 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 671.5 on 19-Nov-2014 and a 52 week low of Rs. 282.2 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 422 and Rs. 381 respectively.

The promoters holding in the company stood at 48.53 % while Institutions and Non-Institutions held 35.6 % and 13.09 % respectively.

The stock is currently trading below its 200 DMA.