Reliance Industrial Infrastructure Share Price: Reliance’s big announcement, Mukesh Ambani will give such a big benefit to investors!
The company has also declared a dividend. The Board of Directors of Reliance Industrial Infrastructure Limited has recommended a dividend of Rs 3.50 per share for the financial year ending March 31, 2023. It is a small cap infrastructure company. It is an infrastructure provider to the Reliance Industries Group. The company has a market cap of around Rs 1,268.78 crore.
The company’s share is currently trading at Rs.833. The stock’s one year high is around Rs 1257 and low is Rs 716. The net profit of the company for the entire financial year was 15.58 crores. 7.55 crore profit in the previous financial year. Thus it has recorded almost double growth.
The company’s total revenue for the fourth quarter rose 6% year-on-year to Rs 20.80 crore, as against Rs 19.65 crore in the same period last year. Moreover, the company’s total income for the entire financial year was Rs 80.93 crore, which was Rs 80.99 crore in the previous financial year as well.
Learn more about the company
Reliance Industrial Infrastructure Limited, a Reliance Group company headed by veteran industrialist Mukesh Ambani, mainly deals in industrial infrastructure. Its primary activities include construction equipment rental and other infrastructure support services, as well as the transfer of petroleum products and raw water through its pipelines. The company mainly operates in the Gujarati provinces of Jamnagar and Surat and the Maharashtra areas of Mumbai and Rasaani.
Mukesh Ambani’s eyes filled with tears after hearing the words of gratitude from his wife Nita, the dream of the cultural club was fulfilled