Srei Infra Finance shares move up 5.7% on strong quarter

Reuters Updated - September 06, 2018 at 12:13 PM.

Shares of Srei Infrastructure Finance Ltd jumped as much as 5.7 per cent to Rs 54.6. Consolidated June-quarter profit more than doubled to Rs 140 crore, helped by higher revenue, the company said after market close on Wednesday.

More than 4 million shares changed hands, compared with 30-day average of 3.6 million shares. As of last close, the stock was down 48.3 per cent this year.

Published on September 6, 2018 06:43