Reliance Defence and Engineering Ltd has clarified with reference to news appeared in CNBC TV18 dated March 16, 2017 that "Reliance Defence expresses interest in buying 'Agreed Assests' of ABG Shipyard."
Reliance Defence and Engineering Ltd has denied that it has any interest whatsoever in buying 'Agreed Assets' of ABG Shipyard.
However, a preliminary expression of interest on select assets of ABG Shipyard was made by Reliance Infrastructure Ltd.
Shares of Reliance Defence and Engineering Ltd. was last trading in BSE at Rs.61.4 as compared to the previous close of Rs. 62.3. The total number of shares traded during the day was 772146 in over 4135 trades.
The stock hit an intraday high of Rs. 63.3 and intraday low of 61. The net turnover during the day was Rs. 47978030.