Reliance Industries (RIL) is currently trading at Rs. 994.60, up by 7.95 points or 0.81% from its previous closing of Rs. 986.65 on the BSE.
The scrip opened at Rs. 989.95 and has touched a high and low of Rs. 1002.80 and Rs. 980.50 respectively. So far 1,87,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1089.50 on 15-Jan-2016 and a 52 week low of Rs. 819.00 on 24-Aug-2015.
Last one week high and low of the scrip stood at Rs. 1002.80 and Rs. 960.30 respectively. The current market cap of the company is Rs. 3,22,655.00 crore.
The promoters holding in the company stood at 45.15%, while Institutions and Non-Institutions held 32.25% and 19.50% respectively.
Reliance Industries (RIL), one of the major diversified companies, has reportedly received approval from the Ministry of Environment & Forests (MoEF) to drill eight additional exploratory wells in Tamil Nadu. It is a conditional approval as the Ministry listed several conditions in the order. The company is planning to invest about Rs 800 crore to drill these new wells.
RIL has been awarded exploratory rights for hydrocarbons prospecting in the DY-III-D5 offshore block under the New Exploration Licensing Policy-III. The Block is located in the Bay of Bengal off the east coast of India between Puducherry and Karaikal off Tamil Nadu.
Reliance Industries has businesses across India, engaged in energy, petrochemicals, textiles, natural resources, retail and telecommunications. It is India’s largest private sector company, with a consolidated turnover of Rs 296,091 crore, cash profit of Rs 40,737 crore and net profit of Rs 27,630 crore for the year ended March 31, 2016.
| Company Name | CMP |
|---|---|
| Reliance Industries | 2793.60 |
| Indian Oil Corp. | 154.40 |
| BPCL | 580.25 |
| HPCL | 494.60 |
| MRPL | 198.60 |
| View more.. | |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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