Reliance Industries (RIL) witnessed a rise in share price on Tuesday after it reported an increase of 1.7% in consolidated net profit for second quarter of financial year 2015 to Rs 59.72 billion. Cash profit increased by 4.9% to Rs 92.50 billion for the quarter ended Sept. 30, 2014 as compared to Rs 1.5 billion in the same period last year.
Net sales for the quarter went down 4.3% Rs 1,133.96 billion for the quarter ended Sept. 30, 2014 over prior year period.
Shares of the company are trading at Rs 971, up Rs 13.15, or 1.37% at the Bombay Stock Exchange (BSE) on Tuesday at 9:47 a.m.
The scrip has touched an intra-day high of Rs 980 and low of Rs 962.15. The total volume of shares traded at the BSE is 143,992.