The scrip opened at Rs 2,179.7 and touched an intraday high and low of Rs 2,189.65 and Rs 2,158, respectively, in the session so far. Shares of the company of Reliance Industries Ltd. quoted a 52-week high of Rs 2,368.8 and a 52-week low of Rs 867.11.
Total market cap of the Reliance Industries Ltd. stood at Rs 1475821.26 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 128,450 crore for the quarter ended 31-Dec-2020, up 6.65 per cent from previous quarter’s Rs 120,444 crore and up 17.97 per cent from the year-ago quarter’s Rs 156,584 crore.
The net profit for latest quarter stood at Rs 13,101 crore, up 12.55 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Dec-2020, DIIs held 4.72 per cent stake in the firm, while foreign institutional investors held 24.47 per cent and the promoters 49.14 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 34.93 and a price-to-book ratio of 1.56. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Reliance Industries Ltd. belongs to the Diversified industry.
