Reliance Industries Ltd.

Reliance Industries is currently trading at Rs. 937.55, up by 8.05 points or 0.87 % from its previous closing of Rs. 929.50 on the BSE.

The scrip opened at Rs. 935.05 and has touched a high and low of Rs. 944.35 and Rs. 930.10 respectively. So far 425435 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 939.30 on 31-Mar-2014 and a 52 week low of Rs. 765.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 939.30 and Rs. 872.60 respectively. The current market cap of the company is Rs. 303152.39 crore.

The promoters holding in the company stood at 45.31 % while Institutions and Non-Institutions held 29.71 % and 21.47 % respectively.

Reliance Industries has decided to supply gas to fertiliser companies at the prevailing rates ($4.2/unit) along with its foreign partners from KG-D6 block. RIL and Fertiliser Association of India will work out the agreement details.

The existing D6 gas price as well as supply agreements with the buyers expired on March 31. The Company and its foreign partners have been asked to continue to sell the fuel at the prevailing rates following the deferment of new price announcement by the Government based on the Election Commission directive.

RIL is an oil refining, petrochemicals and upstream (mainly natural gas at present) company. It has two highly complex refineries with combined capacity of 1.24 million barrels per day and domestic proved reserves of 660 million barrel of oil equivalent as at end-March