Reliance Industries Ltd.

Reliance Industries Ltd. July 6th Shares Hiked Around 2%

Reliance Industries Ltd. July 6th Shares Hiked Around 2%, After Q4 Result:

To begin with, Reliance Industries Ltd. shares traded with a 1.67% gain in today’s Intraday trade. Also, until now, the company exchanged 1,17,050 shares hands on the counter. 

Moreover, the company shares started at Rs. 1,801.15 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 1,818.40 per eq share. Similarly, the Intraday low value of Rs. 1,792.00 per share.

According to the source, the company reached its 52-week highest value of Rs. 1,818.40. Also, it reached the 52-week lowest value of Rs. 867.11. As per the records, the total market capitalization stood at Rs. 12,22,034.20 cr.

On 31st March 2020, RIL announced its consolidated sales worth Rs. 1,36,240.00 cr. Comparatively, the company sales declined by 11.06% from its last quarter sales of Rs. 1,53,179.00 cr. Also, its sales declined by 2.4% from last year’s sales of Rs. 1,39,590.00 cr.

Furthermore, the net profit of Rs. 6,348.00 cr declined by 38.74% from the same quarter a year ago. By the ending in March 2020, the company promoters held 49.15% of its stake, FIIs held a 24.14% stake and DIIs held a 5.25% stake.

Stock Market Update: 

Stock Market July 6th: On Monday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 36,384.45 levels and Nifty stood traded gain with 10,736.55 levels. The Sensex raised 363.36 points with a 1.01% gain. Besides, Nifty has raised 129.20 points with a 1.22% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 6,97,836 as of July 6th, and deaths reached 19,700.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 112.53 points with a 0.85% gain and reached a 13,401.23 level. The S&P BSE Smallcap index raised 115.09 points with a 0.91% gain and reached a 12,718.14 level. However, the Nifty Bank raised 382.80 points with a 1.75% gain and reached a 22,235.20 level. 

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