The share price of Reliance Industrial Infrastructure Ltd. (RIIL) hit a fresh 52-week high today. Its share price went up to 4% intra day gain, and reached Rs. 1,252.70 as the day's high. The company is offering a Dividend of Rs. 3 Per Share, its ex-dividend date is today, September 20, and the record date will be tomorrow. September 21, 2022, according to information available with NSE.
RIIL - NSE performance
The current market price of RIIL stood at Rs. 1,225.75/share on NSE, up by 3.87%, at the time of writing. In the last 5 days, its share price up by 5.57% on NSE, in the last 1 month, its share price has surged by 23.76%, and in the past 6 months it has gained 61.67%. In last 1 year its share price has gained by 85.82%, in the last 5 years its share gained sharply by 145.05%. It is a small cap stock with a market capitalization of Rs. 1,838 crore.
The 52-week high level of this stock is Rs. 1,252.70, and the 52-week low level of this stock is Rs. 610.05.
| Market capitalization | Current market price | 6 Months performance | 1 Month performance |
|---|---|---|---|
| Rs. 89,135 crore | Rs. 1,225.75 | 61.67% | 23.76% |
Financial results
According to data available with NSE, in Q1 FY23, the company's total income stood at Rs. 1,832.50 lakh, as against Rs. 1,965.28 lakh in the previous quarter. The company's profit before tax or PBT was reported at Rs. 157.05 lakh in Q1 FY23, as against Rs. 212.20 lakh in Q4 FY22. The company's net profit was reported at Rs. 112.06 lakh in Q1 FY23, as against Rs. 183.33 lakh in Q4 FY22.
Company profile
RIIL is engaged in the business of setting up / operating Industrial Infrastructure. The Company is also engaged in related activities involving leasing and providing services connected with computer software and data processing. The Company has set up a 200-millimetre via twin pipeline system from the Refinery of Bharat Petroleum Corporation for transporting petroleum products. The Company has acquired and deployed various construction machinery on hire for use at various construction sites all over India.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, brokerage firm, and the author are not liable for any losses caused as a result of decisions based on the article.
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