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    Trending stocks: Reliance Industries shares rise nearly 1%


    A total of 94,354 shares changed hands on the counter till 10:02AM (IST).

    Total market cap of the Reliance Industries Ltd. stood at Rs 1175749.38 crore at the time of writing this report.
    NEW DELHI: Shares of Reliance Industries Ltd. traded 0.8 per cent up in Tuesday's trade at 10:02AM (IST). Around 94,354 shares changed hands on the counter.

    The counter opened at Rs 1736.3 and touched an intraday high and low of Rs 1740.7 and Rs 1729.8, respectively, in the session so far. The stock of Reliance Industries Ltd. quoted a 52-week high of Rs 1804.1 and a 52-week low of Rs 867.11.

    Total market cap of the Reliance Industries Ltd. stood at Rs 1175749.38 crore at the time of writing this report.

    Key Financials
    The company reported consolidated sales of Rs 136240.0 crore for the quarter ended 31-Mar-2020, down 11.06 per cent from previous quarter's Rs 153179.0 crore and down 2.4 per cent from the year-ago quarter's Rs 139590.0 crore.

    The net profit for latest quarter stood at Rs 6348.0 crore, down 38.74 per cent from the corresponding quarter last year.

    Shareholding pattern
    As of 11-Jun-2020, DIIs held 5.25 per cent stake in the company, while foreign institutional investors held 24.14 per cent and the promoters 49.15 per cent.

    Valuation ratio
    According to BSE data, the stock traded at a price-to-earnings multiple of 29.88 and a price-to-book ratio of 2.39. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    Reliance Industries Ltd. belongs to the Diversified industry.
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    1 Comment on this Story

    Ramesh Juvekar12 days ago
    Only company to make PROFITS.The Midas touch??????. Just a Gargantuan lie.Paper PROFITS as Usual.
    How much can one LIE PERPETUALLY.
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