Monday 18 July 2016

RIL up 2%; Q1 net profit at Rs. 71130 mn

The company posted a net profit after taxes, minority interest and share of profit of associates and Joint Ventures of Rs. 71130 million for the quarter ended June 30, 2016 as compared to Rs. 60240 million for the quarter ended June 30, 2015.

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Reliance Industries Ltd stock was higher by 2% to Rs.1030.The company posted a net profit after taxes, minority interest and share of profit of associates and Joint Ventures of Rs. 71130 million for the quarter ended June 30, 2016 as compared to Rs. 60240 million for the quarter ended June 30, 2015. 
Total Income has decreased from Rs. 781990 mn for the quarter ended June 30, 2015 to Rs. 673680 mn for the quarter ended June 30, 2016.

The scrip opened at Rs. 1027 and has touched a high and low of Rs. 1038.15 and Rs. 1025.1 respectively. So far 1771666(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 328340.91 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. 1020.65 and Rs. 985.5 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 200 DMA.

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