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Home Business Reliance Trending shares: Reliance Industries shares down over 1%

Reliance Trending shares: Reliance Industries shares down over 1%

Reliance Trending stocks: Reliance Industries shares down over 1%Reliance

NEW DELHI: Shares of Reliance Industries Ltd. traded 1.23 per cent down in Monday’s commerce at 09:28AM (IST). Around 163074 shares modified fingers on the counter. The inventory opened at Rs 2103.15 and touched an intraday excessive and low of Rs 2107.3 and Rs 2073.0, respectively, within the session thus far.

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

Reliance Industries (RIL) is in talks to amass on-line furnishings model Urban Ladder and milk supply platform Milkbasket, The Times of India reported.

Financials

Reliance Industries Ltd., included within the yr 1973, is a Large Cap firm (having a market cap of Rs 1429318.74 Crore) working in Diversified sector.

For the quarter ended 30-06-2020, the corporate 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 yr similar quarter Sales of Rs 156976.00 Crore. The Company reported internet 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 yr ending 31-Mar-2020.

Promoter holding

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

Valuation ratio

It quoted a price-to-earnings ratio of 33.64 and value to guide worth of two.9.







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