Reliance Industries (RIL) is currently trading at Rs. 1415.50, up by 15.75 points or 1.13% from its previous closing of Rs. 1399.75 on the BSE.
The scrip opened at Rs. 1410.00 and has touched a high and low of Rs. 1420.95 and Rs. 1407.80 respectively. So far 74,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1448.50 on 06-Apr-2017 and a 52 week low of Rs. 925.70 on 23-May-2016.
Last one week high and low of the scrip stood at Rs. 1420.95 and Rs. 1358.25 respectively. The current market cap of the company is Rs. 4,60,388.00 crore.
The promoters holding in the company stood at 46.32%, while Institutions and Non-Institutions held 34.57% and 19.12% respectively.
RIL has commenced commercial production from its Coal Bed Methane (CBM) block SP (West)-CBM-2001/1 from March 24, 2017 and is currently supplying CBM for commissioning the Shahdol Phulpur Pipeline (SHPPL). The production from the company’s Sohagpur CBM fields will gradually ramp-up in the next 15-18 months making RIL among the largest unconventional natural gas producers in India.
CBM is an environmental friendly natural gas extracted from coal-bed and has become an important source of unconventional gas in many parts of the world.
RIL was awarded the licence to explore two adjacent CBM blocks SP(West) and SP(East) with an area of 995 sq.km in the Round 1 of CBM block bidding by the Government of India in 2001.
Company Name | CMP |
---|---|
Reliance Industries | 2903.00 |
Indian Oil Corp. | 171.55 |
BPCL | 609.40 |
HPCL | 490.65 |
MRPL | 251.10 |
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