India's Reliance Infrastructure rises after Q1 profit jump

Reliance Infrastructure

14/08/2019 06:24

** Shares of Anil Ambani-led Reliance Infrastructure Ltd
 RLIN.NS  rise as much as 12.9% to 50.85 rupees
    ** Co on Tuesday posted 20% jump in net profit to 2.99 bln
rupees ($42.15 mln), aided by 6.3% jump in revenue from the
power generation business  urn:newsml:reuters.com:*:nFWN2590LD
    ** Around 12.6 mln shares change hands vs 30-day average of
11.8 mln shares
    ** Up to last close, stock down 86% this year

($1 = 70.9400 Indian rupees)

 (Reporting by Harish Bhaskar in Bengaluru)
 ((Harish.Bhaskar@thomsonreuters.com; +91 9886782831; Reuters
Messaging: harish.bhaskar.thomsonreuters.com@reuters.net))