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RIL trades in green on short covering

22 Dec 2011 Evaluate

Reliance Industries (RIL) is currently trading at Rs 752.75, up by 5.50 points or 0.74% from its previous closing of Rs 747.25 on the BSE.

The scrip opened at Rs 742.05 and has touched a high and low of Rs 754.40 and Rs 733.65 respectively. So far 615259 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1090.00 on 05-Jan-2011 and a 52 week low of Rs 709.15 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs 761.25 and Rs 709.15 respectively. The current market cap of the company is Rs 244696.32 crore.

The promoters holding in the company stood at 44.71% while Institutions and Non-Institutions held 28.39% and 23.38% respectively.

Mukhesh Ambani led Reliance Industries’ RIL, gas output from its eastern offshore - D6 block in Krishna-Godavari basin (KG-D6) has further dropped to 38-39 million metric standard cubic meters per day (mmscmd). The upstream oil and gas regulator - Directorate General of Hydrocarbons, had notified that in November, RIL was producing 42 mmscmd from the block in eastern offshore.

Reliance holds 60 percent interest in KG-D6, while UK's BP Plc holds 30 per cent and Niko Resources of Canada holds the remaining 10 percent. Reliance started natural gas production from the KG-D6 fields in April 1, 2009, with output of about 40 mmscmd. The MA oilfield currently produces about 12,715 barrels of crude oil per day. In addition, 1,831 barrels of condensate are produced from the field every day.

Recently, RIL was holding back the development of its coal-bed methane blocks in Madhya Pradesh. The company had put the development on hold because it wants the government to first decide on the pricing of the gas produced there.

Reliance Industries Share Price

1365.10 21.65 (1.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
View more..

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