Tuesday, 15 September 2015

Reliance Industries two senior human resource executives may quit: Reports

Report says that Sodhi, senior vice president and head of employee engagement, communication, diversity, HR Academy and change management, has resigned while Ranjan, vice president, HR, for Reliance Foundation, is set to follow suit.


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The two senior executives of Reliance Industries human resources team, Harlina Sodhi and Rajeev Ranjan are planning to exit the company, according to reports.
Sodhi, senior vice president and head of employee engagement, communication, diversity, HR Academy and change management, has resigned while Ranjan, vice president, HR, for Reliance Foundation, is set to follow suit, added reports. 

Earlier in the last month, the head of HR Prabir Jha also quit the company. 
Reliance Industries reported "As a matter of policy we don't comment on individual appointments or departures."

Stock Price

The stock is currently trading at Rs. 862.25, down by -1.6 points or -0.19% from its previous closing of Rs. 863.85 on the BSE.
The scrip opened at Rs. 862 and has touched a high and low of Rs. 864.05 and Rs. 857 respectively. So far 412395 shares were traded on the counter. The current market cap of the company is Rs. 279751.65 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1067.85 on 23-Jul-2015 and a 52 week low of Rs. 796.45 on 30-Mar-2015. Last one week high and low of the scrip stood at Rs. 878.7 and Rs. 825.1 respectively.
The promoters holding in the company stood at 45.23 % while Institutions and Non-Institutions held 31.71 % and 19.82 % respectively.
The stock is currently trading above its 50 DMA.

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