SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RIL bounces back on short covering

15 Dec 2011 Evaluate
Reliance Industries (RIL)  is currently trading at Rs 746.50, up by 4.80 points or 0.65% from its previous closing of Rs 741.70 on the BSE.

The scrip opened at Rs 732.30 and has touched a high and low of Rs 749.90 and Rs 723.85 respectively. So far 875447 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 713.55 on 26-Aug-2011.

Last one week high and low of the scrip stood at Rs 769.70 and Rs 721.00 respectively. The current market cap of the company is Rs 242878.90 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 KG-D6 gas fields has dropped to a fresh all-time low of 39.80 million standard cubic meters per day (mmscmd).

As per the report filed by the company with the Oil Ministry, Natural gas production from the Dhirubhai-1 and 3 gas fields and the MA oilfield in the KG-DWN-98/3 or KG-D6 block in the Krishna-Godavari Basin of the Bay of Bengal stood at 39.80 mmscmd in the week ended December 4, 2011. The output comprised 32.94 mmscmd from the D1 and D3 gas fields and 6.86 mmscmd from the MA oilfield.

The output from KG-D6 is short of the 70.39 mmscmd-level (61.88 mmscmd from D1 and D3 and 8.5 mmscmd from the MA field) envisaged by now as per the field development plan approved in 2006.

Reliance holds 60 per cent interest in KG-D6, while UK's BP Plc holds 30 per cent and Niko Resources of Canada holds the remaining 10 per cent.

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.
 

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..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×