RIIL share price, Oct. 7 -- Shares of Reliance Industrial Infrastructure (RIIL) surged almost 9% in morning trade on the BSE on Wednesday, 7 October, defying weak stock market sentiment. Reliance Industrial Infra share price opened at Rs.682 against its previous close of Rs.680.55 and jumped as much as 8.7% to an intraday high of Rs.740, looking set to extend gains for the second consecutive session. On the other hand, equity benchmark Sensex declined by 0.75% during the session.

The stock surged on Wednesday, with trading volume more than 5 times higher.

The stock is down 13% year-to-date, largely in sync with a 14% decline in the equity benchmark Sensex. It hit a 52-week high of Rs.963.65 on 8 October last year and a 52-week low of Rs...