Gold Silver Reports (GSR) – Reliance Infra Surges After JV Wins Contract For Versova-Bandra Sea Link – Shares of the Anil Ambani-led company rose as much as 2 percent to Rs 430.60. Reliance Infrastructure’s joint venture with Italy’s Astaldi won contract for Rs 7,000 crore Versova-Bandra sea link project in Mumbai.
The 17.7 km Versova-Bandra sea link project has to be commissioned in 60 months.
Shares of the country’s second largest hospital chain operator fell 1 percent to Rs 156.40 after 30.6 lakh shares changed hands in two block deals.
Reliance Industries, ONGC Gains On Rising Crude Prices
Shares of the oil exploration firms were trading higher after crude oil in U.S. rose above $70 a barrell for the first time since Nov. 2014 as traders braced for a re-imposition of U.S. sanctions on Middle East crude producer Iran.
✅ Reliance Industries rose 0.9 percent to Rs 964
✅ ONGC rose 0.8 percent to Rs 181.70