Reliance Capital Ltd has sold Reliance Securities Limited, a subsidiary of the company. The sale was completed for Rs.62 crore (Rupees Sixty two crore only). Quantum Benefit trust was the buyer.
The revenue of the subsidiary was Rs. 287.60 Crore and the subsidiary contributed 1.40% of revenue to Consolidated Revenue of the Company.
The Networth of the Subsidiary was Rs.132.05 Crore. The Networth of the Subsidiary was 17.65% of consolidated networth of the Company.
Shares of RELIANCE CAPITAL LTD. was last trading in BSE at Rs.17.5 as compared to the previous close of Rs. 19.95. The total number of shares traded during the day was 1014164 in over 3921 trades.
The stock hit an intraday high of Rs. 20.25 and intraday low of 17.05. The net turnover during the day was Rs. 18331297.