|Bid||420.10 x 0|
|Ask||420.30 x 0|
|Day's Range||418.25 - 429.50|
|52 Week Range||390.55 - 620.05|
|PE Ratio (TTM)||9.06|
|Forward Dividend & Yield||9.00 (2.00%)|
|1y Target Est||N/A|
While small-cap stocks, such as Reliance Infrastructure Limited (NSEI:RELINFRA) with its market cap of ₹113.52B, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...
India's Reliance Infrastructure, part of Reliance Group, said on Thursday it has agreed to sell its Mumbai power generation, transmission and distribution business to a unit of Adani Enterprises for around 188 billion rupees ($2.93 billion). The deal will provide Reliance Group controlled by billionaire Anil Ambani with a 30 billion rupees cash surplus, Reliance Infrastructure said in a statement. Reliance Group has previously announced plans to invest an undisclosed amount in its recently started aerospace defence manufacturing business as well as in its engineering, procurement and construction businesses.