Monday, 2 May 2016

Reliance Defence gets nod for 15 New Industrial Licences from DIPP

The scrip opened at Rs. 65.5 and has touched a high and low of Rs. 67.45 and Rs. 64.9 respectively.

 Reliance Defence has received nod for 15 New Industrial Licences from DIPP, according to reports.

Reliance Defence & Engineering Ltd is currently trading at Rs. 66.2, up by Rs. 1.1 or 1.69% from its previous closing of Rs. 65.1 on the BSE.

The scrip opened at Rs. 65.5 and has touched a high and low of Rs. 67.45 and Rs. 64.9 respectively. So far 1197121(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 4792.73 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 114 on 28-Dec-2015 and a 52 week low of Rs. 51.45 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 68.6 and Rs. 64.75 respectively.

The promoters holding in the company stood at 29.9 % while Institutions and Non-Institutions held 14.22 % and 55.88 % respectively.

The stock is currently trading below its 100 DMA.

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