Monday, 19 October 2015

RIL stock surges 4% on Q2 earnings

The Group has posted a net profit after tax, minority interest and share of profit of associates of Rs. 67200 million for the quarter ended September 30, 2015 as compared to Rs. 59720 mn for the quarter ended September 30, 2014.

Shares of Reliance Industries Ltd were trading higher by 4% at Rs. 953, after the company posted Q2 results on Friday.

RIL3 The Group has posted a net profit after tax, minority interest and share of profit of associates of Rs. 67200 million for the quarter ended September 30, 2015 as compared to Rs. 59720 mn for the quarter ended September 30, 2014. 

Total Income has decreased from Rs. 1118060 mn for the quarter ended September 30, 2014 to Rs. 724970 million for the quarter ended September 30, 2015.

The scrip opened at Rs. 941.6 and has touched a high and low of Rs. 959 and Rs. 941.6 respectively. So far 198978(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 295445.96 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1067 on 23-Jul-2015 and a 52 week low of Rs. 796.75 on 30-Mar-2015. Last one week high and low of the scrip stood at Rs. 914.7 and Rs. 883 respectively.

The promoters holding in the company stood at 45.21 % while Institutions and Non-Institutions held 31.77 % and 19.85 % respectively.

The stock is currently trading below its 200 DMA.

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