Shares of Reliance Energy are trading higher by Rs 105.40, or 6.06%, at Rs 1,843.50 at the BSE on news that the Reliance Energy (REL) board approved the capital infusion of up to Rs 80 billion in two years to part-finance its huge requirements, especially for large infrastructure projects.
The promoters, the Anil Dhirubhai Ambani Group (ADAG), will invest nearly Rs 65 billion by subscribing to preferential equity shares and convertible warrants. A total of 548,355 shares have changed hands at the BSE. (11.42 a.m)
The stock has shown a rise of 3.01% over the week and has fallen 0.48% over the month.
No comments:
Post a Comment