NEW DELHI: Shares of Reliance Industries Ltd. traded 0.27 per cent up in Wednesday’s trade at 10:16AM (IST). Around 51435 shares changed hands on the counter. The stock opened at Rs 1039.0 and touched an intraday high and low of Rs 1054.6 and Rs 1013.0, respectively, in the session so far.
The stock quoted a 52-week high of Rs 2360.2 and a 52-week low of Rs 875.65.
The Delhi High Court on Tuesday provided relief to Amazon as it asked Future Group to maintain the status quo in its deal to sell its retail and wholesale assets to Reliance Industries in a major setback for both companies. Amazon has contested the deal between Reliance Industries and Future Group. Future Retail said it will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1302238.98 Crore) operating in Diversified sector.
For the quarter ended 31-12-2020, the company has reported a Consolidated sales of Rs 123997 Crore, up 6.71 per cent from last quarter Sales of Rs 116195 Crore and down 19.05 per cent from last year same quarter Sales of Rs 153179 Crore. Company has reported net profit after tax of Rs 14819 Crore in latest quarter.
Reliance Industries Ltd. key Products/Revenue Segments include Refinery which contributed Rs 234687 Crore to Sales Value (66.88 per cent of Total Sales), Petrochemicals which contributed Rs 112726 Crore to Sales Value (32.12 per cent of Total Sales), Other Services which contributed Rs 1236 Crore to Sales Value (0.35 per cent of Total Sales), Oil & Gas which contributed Rs 1093 Crore to Sales Value (0.31 per cent of Total Sales), Income From Financial Services which contributed Rs 616 Crore to Sales Value (0.17 per cent of Total Sales), Others which contributed Rs 522 Crore to Sales Value (0.14 per cent of Total Sales)for the year ending 31-Mar-2020.
Promoters held 49.14 per cent stake in the company as of quarter ended 31st Dec 2020.
It quoted a price-to-earnings ratio of 30.95 and price to book value of 1.56.