Reliance Infra share rises 4.8% on completion of Delhi-Agra toll road sale to Cube Highways
In a regulatory filing, Reliance Infrastructure Ltd said it has completed the sale of its 100 per cent stake in DA Toll Road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs 3,600 crore
BusinessToday.In | January 1, 2021 | Updated 16:40 IST
Stock of Anil Ambani led-Reliance Infra gained over 4.8% to hit the day s high of Rs 28.15 on BSE
Reliance Infra share price rose 4.8% on Friday after the company announced the completion of the sale of its Delhi-Agra (DA) toll road to Cube Highways and Infrastructure for Rs 3,600 crore.
Utilties stocks were trading in the negative zone, with the S&P BSE Utilities index falling 5.35 points or 0.29% at 1830.66 at 13:48 IST. Among the components of the S&P BSE Utilities index, Reliance Power Ltd (down 4.84%), Reliance Infrastructure Ltd (down 3.35%),GE T&D India Ltd (down 1.62%),Gujarat State Petronet Ltd (down 1.5%),Va Tech Wabag Ltd (down 1.21%), were the top losers. Among the other losers were Power Grid Corporation of India Ltd (down 1.12%), Indraprastha Gas Ltd (down 0.82%), Torrent Power Ltd (down 0.57%), BF Utilities Ltd (down 0.56%), and GAIL (India) Ltd (down 0.48%). On the other hand, Jaiprakash Power Ventures Ltd (up 8.08%), Rattanindia Power Ltd (up 6.33%), and Gujarat Industries Power Co Ltd (up 4.09%) moved up.
Utilties shares fall business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
IFCI Ltd, Yaarii Digital Integrated Services Ltd, Reliance Infrastructure Ltd and Dewan Housing Finance Corporation Ltd are among the other losers in the BSE s A group today, 15 December 2020.
IFCI Ltd, Yaarii Digital Integrated Services Ltd, Reliance Infrastructure Ltd and Dewan Housing Finance Corporation Ltd are among the other losers in the BSE s A group today, 15 December 2020.
MMTC Ltd lost 6.94% to Rs 24.15 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 6.72 lakh shares were traded on the counter so far as against the average daily volumes of 3.79 lakh shares in the past one month.
Utilties stocks were trading in the positive zone, with the S&P BSE Utilities index rising 19.15 points or 1.06% at 1826.75 at 09:48 IST. Among the components of the S&P BSE Utilities index, Jaiprakash Power Ventures Ltd (up 9.79%), Reliance Power Ltd (up 4.82%),Nava Bharat Ventures Ltd (up 4.34%),Reliance Infrastructure Ltd (up 3.83%),Gujarat Industries Power Co Ltd (up 3.13%), were the top gainers. Among the other gainers were NLC India Ltd (up 3.01%), Adani Power Ltd (up 2.58%), Va Tech Wabag Ltd (up 2.33%), Mahanagar Gas Ltd (up 2.2%), and GE T&D India Ltd (up 2.05%). On the other hand, Rattanindia Power Ltd (down 1.46%), JSW Energy Ltd (down 1.03%), and Gujarat State Petronet Ltd (down 0.17%) moved lower.