Home News Indian Stock Market News ril shares: Stock market news: RIL shares slip nearly 1%

ril shares: Stock market news: RIL shares slip nearly 1%

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ril shares: Stock market news: RIL shares slip nearly 1%
NEW DELHI: Shares of Reliance Industries Ltd. traded 0.87 per cent down in Thursday’s commerce at 01:53PM (IST). Round 1,246,502 shares modified arms on the counter.

The scrip opened at Rs 2,179.7 and touched an intraday excessive and low of Rs 2,189.65 and Rs 2,158, respectively, within the session to date. Shares of the corporate of Reliance Industries Ltd. quoted a 52-week excessive of Rs 2,368.8 and a 52-week low of Rs 867.11.

Complete market cap of the Reliance Industries Ltd. stood at Rs 1475821.26 crore on the time of scripting this report.

Key Financials

The corporate reported consolidated gross sales of Rs 128,450 crore for the quarter ended 31-Dec-2020, up 6.65 per cent from earlier quarter’s Rs 120,444 crore and up 17.97 per cent from the year-ago quarter’s Rs 156,584 crore.

The web revenue for up to date quarter stood at Rs 13,101 crore, up 12.55 per cent from the identical quarter a yr in the past.

Shareholding sample

As of 31-Dec-2020, DIIs held 4.72 per cent stake within the agency, whereas overseas institutional buyers held 24.47 per cent and the promoters 49.14 per cent.

Valuation ratio

In response to BSE knowledge, the inventory traded at a P/E a number of of 34.93 and a price-to-book ratio of 1.56. The next P/E ratio exhibits buyers are keen to pay a better worth due to higher future development expectations. Value-to-book worth signifies the inherent worth of an organization and is the measure of the worth that buyers are able to pay even for no development within the enterprise.

Reliance Industries Ltd. belongs to the Diversified business.

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