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      RIL hits record high

      MoM Team / Mumbai, Sep 13, 2017 03:10 PM IST

        RIL hits record high

        Reliance Industries advanced 2.8 percent to Rs 847 on BSE, with the stock hitting a fresh record high amid impressive volumes.

        Meanwhile, the S&P BSE Sensex was up 16.99 points or 0.05 percent at 32,175.65.

        On the BSE, 6.82 lakh shares were traded on the counter so far as against the average daily volumes of 4.70 lakh shares in the past one quarter. The stock had hit a high of Rs 859.25 so far during the day, which is a record high. The stock hit a low of Rs 822.50 so far during the day. The stock had hit a 52-week low of Rs 466 on 9 November 2016.

        The stock had outperformed the market over the past one month till 12 September 2017, advancing 6.47 percent compared with the Sensex's 3.03 percent rise. The stock had also outperformed the market over the past one quarter, gaining 24.8 percent as against the Sensex's 3.42 percent rise. The scrip had also outperformed the market over the past one year, advancing 57.33 percent as against the Sensex's 13.42 percent rise.

        The large-cap company has equity capital of Rs 6503.80 crore. Face value per share is Rs 10.

        Reliance Industries (RIL) today, 13 September 2017, allotted 308.03 crore equity shares as fully paid-up bonus shares in the ratio of 1:1 for shareholders as on record date.

        RIL's consolidated net profit rose 28.3 percent to Rs 9079 crore on 28.4 percent growth in net sales to Rs 83471 crore in Q1 June 2017 over Q1 June 2016.

        RIL is India's largest private sector company. RIL's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and telecommunications.

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      Source: Capital Market

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