Bengaluru, June 23 -- The shares of Anil Ambani's backed company jumped by approximately 6 percent from the day's low on Monday, after the company announced that it has written off its subsidiary's Rs. 273 crore debt obligation with Yes Bank.
With a market capitalisation of Rs 15,013 crores, the shares of Reliance Infrastructure Ltd are currently trading at Rs 379 per share, down by 10 percent from its 52-week high of Rs 421 per share. Over the past five years, the stock has delivered a robust return of 983 percent.
On Monday, the company, through a stock exchange filing, announced that it has fully settled the Rs 273 crore debt obligation, along with interest, of its wholly-owned subsidiary JR Toll Road Pvt. Ltd. at Yes Bank. With this...
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