May 21, 2012, 02.29 PM IST | Source: Reuters

Reliance Capital surges after results

Shares in Reliance Capital surge 7.8% after saying this weekend it swung to a Jan-March net profit of 3.3 billion rupees from a small loss a year ago.

Shares in Reliance Capital surge 7.8% after saying this weekend it swung to a Jan-March net profit of 3.3 billion rupees from a small loss a year ago.

Results boost other Reliance Anil Dhirubhai Ambani Group companies as Reliance Capital is considered the flagship company.

Reliance Infrastructure and Reliance Power gain 4-5% each, while Reliance Communications adds 3.4%.

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