Reliance Stock market news: Reliance Industries shares flat in early trade
Reliance Stock market news: Reliance Industries shares flat in early trade

Reliance

NEW DELHI: Shares of Reliance Industries Ltd. traded 0.17 per cent up in Friday’s trade at 10:24AM (IST). Around 146570 shares modified arms on the counter. The inventory opened at Rs 2120.0 and touched an intraday excessive and low of Rs 2131.0 and Rs 2106.2, respectively, in the session to date.

The inventory quoted a 52-week excessive of Rs 2192.1 and a 52-week low of Rs 875.65.

Financials

Reliance Industries Ltd., included in the 12 months 1973, is a Large Cap firm (having a market cap of Rs 1427154.95 Crore) working in Diversified sector.

For the quarter ended 30-06-2020, the corporate has reported a Consolidated gross sales of Rs 88253.00 Crore, down -35.22 % from final quarter Sales of Rs 136240.00 Crore and down -43.78 % from final 12 months identical quarter Sales of Rs 156976.00 Crore Company has reported web revenue after tax of Rs 12926.00 Crore in newest quarter.

Reliance Industries Ltd. key Products/Revenue Segments embrace Refinery which contributed Rs 234687.00 Crore to Sales Value (66.88 % of Total Sales), Petrochemicals which contributed Rs 112726.00 Crore to Sales Value (32.12 % of Total Sales), Other Services which contributed Rs 1236.00 Crore to Sales Value (0.35 % of Total Sales), Oil & Gas which contributed Rs 1093.00 Crore to Sales Value (0.31 % of Total Sales), Income From Financial Services which contributed Rs 616.00 Crore to Sales Value (0.17 % of Total Sales), Others which contributed Rs 522.00 Crore to Sales Value (0.14 % of Total Sales)for the 12 months ending 31-Mar-2020.

Promoter holding

Promoters held 49.15 per cent stake in the corporate as of quarter ended thirty first Jun 2020.

Valuation ratio

It quoted a price-to-earnings ratio of 33.78 and worth to e-book worth of two.92.