Shares of Reliance Infrastructure Ltd rise as much as 4.6 percent in early trade.
Subsidiary Delhi Airport Metro Express won an arbitration case against Delhi Metro Rail Corp on Thursday, fetching the company a compensation of 29.50 bln rupees ($458.8 mln).
The arbitration was awarded after the panel ruled Delhi Airport Metro Express had valid reasons for pulling out of a joint project connecting the Delhi airport with a railway station.
Stock hits highest since Sept. 23; post their biggest intraday pct gain since April 18.
($1 = 64.2950 Indian rupees)