The scrip opened at Rs 2211 and touched an intraday high and low of Rs 2215.75 and Rs 2170.15, respectively, in the session so far. The stock of Reliance Industries quoted a 52-week high of Rs 2368.8 and a 52-week low of Rs 867.11.
Total market cap of the Reliance Industries stood at Rs 1474806.95 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 128450 crore for the quarter ended 31-Dec-2020, up 6.65 per cent from previous quarter’s Rs 120444 crore and up 17.97 per cent from the year-ago quarter’s Rs 156584 crore.
The net profit for latest quarter stood at Rs 13101 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 company, 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 price-to-earnings multiple of 34.91 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 belongs to the Diversified industry.
