Reliance Industries gains nearly 3% as Q1 profit beats estimates
21/07/2014 10:53
Shares of Reliance Industries rose nearly 3 per cent in early trade on Bombay Stock Exchange (BSE) after reporting a better-than-expected 14 per cent year on year (yoy) jump in net profit at Rs 5,957 crore for the quarter ended June 30, 2014 (Q1). The company had profit of Rs 5,237 crore in the same quarter last fiscal. The shares of company rose as much as 2.79 per cent to trade at Rs 1003.95 a piece on the BSE. In a similar fashion, shares of the company rose 2.77 per cent to Rs 1003.80 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,836.19, up 194.63 points or 0.76 per cent at 10.45 hours.
21/07/2014 10:53
Shares of Reliance Industries rose nearly 3 per cent in early trade on Bombay Stock Exchange (BSE) after reporting a better-than-expected 14 per cent year on year (yoy) jump in net profit at Rs 5,957 crore for the quarter ended June 30, 2014 (Q1). The company had profit of Rs 5,237 crore in the same quarter last fiscal. The shares of company rose as much as 2.79 per cent to trade at Rs 1003.95 a piece on the BSE. In a similar fashion, shares of the company rose 2.77 per cent to Rs 1003.80 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,836.19, up 194.63 points or 0.76 per cent at 10.45 hours.
