Reliance Defence Falls More Than 3% Due To Weak Q4 Earnings


Reliance Defence & Engineering fell 3.28% to Rs 66.25 at 11:05 IST on BSE after the company reported a net loss in Q4 March 2017 as per BSE filings. The result was announced after market hours yesterday on 11 April 2017.

On the NSE, 30.29 lakh shares were traded in the counter so far. The stock had hit a high of Rs 68 and a low of Rs 65.75 so far during the day. The stock hit a 52-week high of Rs 73 on 1 August 2016 & a 52-week low of Rs 48.30 on 22 November 2016.

Reliance Defence & Engineering reported a net loss of Rs 139.92 crore as per the audited standalone financial results for the quarter & year ended March 2017 as per BSE filing.

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