Monday 25 April 2016

Reliance Inds slips 2%; Q4 cons PAT at Rs. 7398 crore

The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 73980 mn for the Quarter ended March 31, 2016 as compared to Rs. 63810 mn for the Quarter ended March 31, 2015 

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Reliance Industries Ltd stock was lower by 2% at Rs. 1019 after the company posted Q4 results.The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 73980 mn for the Quarter ended March 31, 2016 as compared to Rs. 63810 million for the Quarter ended March 31, 2015. 

Total Income has decreased from Rs. 696420 million for the Quarter ended March 31, 2015 to Rs. 620100 mn for the Quarter ended March 31, 2016.

The scrip opened at Rs. 1042.7 and has touched a high and low of Rs. 1044.9 and Rs. 1016 respectively. So far 3609741(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 336594.09 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1089.5 on 15-Jan-2016 and a 52 week low of Rs. 819 on 24-Aug-2015. Last one week high and low of the scrip stood at Rs. 1070 and Rs. 1030.5 respectively.

The promoters holding in the company stood at 45.15 % while Institutions and Non-Institutions held 32.38 % and 19.5 % respectively.

The stock is currently trading above its 50 DMA.

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