Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1518016.83 Crore) operating in Diversified sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 158133.00 Crore, up 23.11 % from last quarter Total Income of Rs 128450.00 Crore and up 12.65 % from last year same quarter Total Income of Rs 140373.00 Crore. Company reported net profit after tax of Rs 14981.00 Crore in latest quarter.
Investment Rationale
Resolute breakout above last three months range (2231-1877) as strong buying demand emerged at the 52 weeks EMA.
Promoter/FII Holdings
Promoters held 50.5 per cent stake in the company as of Dec 30, 2020, while FIIs held 27.4 per cent, DIIs 10.7 per cent and public and others 11.4 per cent.
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