Prabhudas Lilladher has come with its March`13 quarterly earning estimates for power sector. According to research firm the situation in the power segment has improved relatively in Q4FY13 since the peak power shortage in the country came down to 7.9% in February.
Reliance Power which reported 30 percent jump in its December quarter profit to Rs 266 crore, expects a robust performance from Rosa Plant to continue contributing to the overall performance of the company.
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Reliance Infrastructure has bagged EPC contract worth Rs 7,200 crore from Rel Power, reports CNBC-TV18. It touched an intraday high of Rs 666.25 and an intraday low of Rs 636. At 15:18 hrs the share was quoting at Rs 652, up Rs 6.70, or 1.04%.
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