RELIANCE INFRA share price has zoomed 10% and is presently trading at Rs 29.
Meanwhile, the BSE POWER Index is at 1,578 (up 1.8%).
Among the top Gainers in the BSE POWER Index today is RELIANCE INFRA (up 9.8%).
Over the last one year, RELIANCE INFRA has moved down from Rs 43 to Rs 29, registering a loss of Rs 14 (down 32.2%).
On the other hand, the BSE POWER has moved down from 1,996 to 1,578, loss of 418 points (down 21.2%) during the last 12 months.
The top gainers among the BSE POWER Index stocks during this same period were GMR INFRA (up 47.0%), TORRENT POWER LTD (up 31.8%) and ADANI TRANSMISSION (up 8.3%).
Last 2 Days: Watch the Replay of Great Indian Wealth Project Special Event
The BSE Sensex is at 35,032 (up 0.8%).
The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 3.9%), INDUSIND BANK (up 2.8%) and HERO MOTOCORP (up 1.8%). Other gainers include NTPC (up 1.6%) and AXIS BANK (up 1.6%). The most traded stocks in the BSE Sensex are RELIANCE IND. and ITC.
In the meantime, NSE Nifty is at 10,341 (up 0.9%). The top gainers in the NSE Nifty include CIPLA (up 5.8%), BAJAJ FINSERV (up 4.7%) and BAJAJ FINANCE (up 3.9%). Other gainers include INDUSIND BANK (up 2.7%) and BAJAJ AUTO (up 2.4%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 39,113 to 35,032, registering a loss of 4,081 points (down 10.49%).
RELIANCE INFRA net profit down at Rs 10 billion for the quarter ended March 2020, compared to a loss of Rs 3 billion a year ago. Net Sales declined 8.3% to Rs 36.3 billion during the period as against Rs 39.5 billion in January-March 2019.
For the year ended March 2018, RELIANCE INFRA reported 468.4% decrease in net profit to Rs 3.6 billion compared to net loss of Rs 966.0 million during FY17.
Revenue of the company grew 3.7% to Rs 254 billion during FY18.
The current Price to earnings ratio of RELIANCE INFRA, based on rolling 12 month earnings, stands at down 1.4x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "RELIANCE INFRA Share Price Up by 10%; BSE POWER Index Up 1.8%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!