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25 April, 2024 17:44 IST
Reliance inches up post Q4 earnings
Source: IRIS | 21 Apr, 2014, 10.11AM
Rating: NAN / 5 stars.
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Reliance Industries (RIL) shares went up marginally on Monday after reporting marginal rise in Q4 earnings on Friday. The company reported increase of 0.75% in net profit for fourth quarter of financial year 2014 to Rs 56.31 billion. Prabhudas Lilladher had expected profit of Rs 56.5 billion.

Net sales for the quarter went up 13.06% Rs 951.93 billion for the quarter ended Mar. 31, 2014 over prior year period. Angel Broking had expected revenues of Rs 1,007.26 billion.

Shares of the company are trading at Rs 962.45, up Rs 3.7, or 0.39% at the Bombay Stock Exchange (BSE) on Monday at 10:05 a.m.

The scrip has touched an intra-day high of Rs 970.00 and low of Rs 958.80. The total volume of shares traded at the BSE is 105,625. In the earlier session, the shares climbed 1.88%, or Rs 17.7, at Rs 958.75.

Currently, the stock is trading down 1.07% from its 52-week high of Rs 972.90 and above 25.81% over the 52-week low of Rs 765.

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