Letters were issued to these employees, while senior managers will receive theirs along with variable pay this week, says report.
Reliance Industries has given out increments and bonuses to its 20,000 employees with junior & middle managers, according to reports. The company has given 8-10% hike.
Reliance Industries has given out increments and bonuses to its 20,000 employees with junior & middle managers, according to reports. The company has given 8-10% hike.
Letters were issued to these employees, while senior managers will receive theirs along with variable pay this week, says report.
RIL had reported a net profit of Rs 27,630 crore in the March quarter.
The scrip opened at Rs. 977 and has touched a high and low of Rs. 983.2 and Rs. 975.7 respectively. So far 667634(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 315976.79 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. 986 and Rs. 967.5 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 below its 50 DMA.
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