NEW DELHI: Shares of Reliance Industries Ltd. traded 0.93 per cent down in Thursday’s commerce at 11:56AM (IST). Round 207,826 shares modified palms on the counter.
The stock opened at Rs 2319 and touched an intraday excessive and low of Rs 2334.four and Rs 2300.9, respectively, within the session to this point. 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 1561884.71 crore on the time of penning this report.
The corporate reported consolidated gross sales of Rs 88253 crore for the quarter ended 30-Jun-2020, down 35.22 per cent from earlier quarter’s Rs 136240 crore and down 43.78 per cent from the year-ago quarter’s Rs 156976 crore.
The online revenue for up to date quarter stood at Rs 13233 crore, up 30.97 per cent from the identical quarter a 12 months in the past.
As of 30-Jun-2020, DIIs held 5.31 per cent stake within the agency, whereas international institutional traders held 24.12 per cent and the promoters 49.15 per cent.
Based on BSE information, the stock traded at a P/E a number of of 36.76 and a price-to-book ratio of 1.56. A better P/E ratio reveals traders are keen 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.