Reliance Infra Results & Valuation

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Reliance Infrastructure has reported FY-11 consolidated PAT at Rs 1,552 crore versus Rs 1,519 crore in FY-10. The consolidated revenues reproted in FY 11 were at Rs 15,408 crore.

At CMP of Rs. 557 the company commands a market cap of Rs. 14,900 crores and is available at a PE multiple of 9.6, which is on the lower side both on absolute and relative terms.

52 week High / low for the stock is 1224 / 492.

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