Reliance Infra falls 11% to fresh low after posting Q4 loss

Shares of Anil Ambani-led Reliance Infrastructure fell as much as 11% to an all-time low on Monday, after it posted its biggest-ever quarterly loss of ₹3,301 crore. The loss was largely due to a one-time impairment on Reliance Naval and Engineering, which it had acquired in 2016. The company's auditors have raised concerns about its ability to remain in business.