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This is an archive article published on January 20, 2011

RIIL scrip down 2 pc on BSE

Reliance Industrial Infrastructure Ltd fell by over 2 per cent on the Bombay Stock Exchange in early trade today after the company reported a 16.69 per cent decline in the October-December quarter net profit.

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Reliance Industrial Infrastructure Ltd,after revealing its Q3 result, fell by over 2 per cent on the Bombay Stock Exchange in early trade today after the company reported a 16.69 per cent decline in the October-December quarter net profit.

Shares of RIIL fell by 2.1 per cent in morning trade to an year-low of Rs 620 on the Bombay Stock Exchange.

The company suffered a similar downslide on the National Stock Exchange,where it plunged 2.37 per cent to a 52-week low of Rs 620.

The company,engaged in infrastructure business,had posted a net profit of Rs 4.89 crore in the October-December quarter against Rs 5.87 crore in the same quarter last fiscal.

Meanwhile,the BSE 30-share barometer index Sensex too was trading under pressure,down by 101.42 points at 18,876.90 at 9:36 hrs.

 

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