Stock Market – Stock market information: RIL shares commerce flat with a detrimental bias
The counter opened at Rs 1941 and touched an intraday excessive and low of Rs 1954.5 and Rs 1933, respectively, within the session thus far. The stock of Reliance Industries Ltd. quoted a 52-week excessive of Rs 2368.eight and a 52-week low of Rs 867.11.
Whole market cap of the Reliance Industries Ltd. stood at Rs 1314607.73 crore on the time of penning this report.
The corporate reported consolidated internet gross sales of Rs 116195 crore for the quarter ended 30-Sep-2020, up 31.66 per cent from earlier quarter’s Rs 88253 crore and up 21.77 per cent from the year-ago quarter’s Rs 148526 crore.
The online revenue for up to date quarter stood at Rs 9567 crore, down 15.05 per cent from the identical quarter a 12 months in the past.
As of 30-Sep-2020, DIIs held 4.98 per cent stake within the firm, whereas overseas institutional traders held 24.53 per cent and the promoters 49.14 per cent.
In line with BSE information, the stock traded at a P/E a number of of 32.23 and a price-to-book ratio of 1.56. The next P/E ratio reveals traders are prepared to pay a better price due to higher future development expectations. price-to-book value signifies the inherent value of an organization and is the measure of the price that traders are able to pay even for no development within the enterprise.
Reliance Industries Ltd. belongs to the Diversified business.
Tag: Stock Market