Reliance Industries market capitalization jumped to Rs 13.20 lakh crore on the BSE.
Shares of the country s most valued company - Reliance Industries - rose as much as 5.65 per cent, its biggest single day gain since March 3, 2021, to hit an intraday high of Rs 2,090 on the back of heavy trading volumes. As many as 12.97 lakh Reliance Industries shares changed hands on the BSE compared with an average of 3.92 lakh shares traded daily in the past two weeks, data from stock exchange showed.
On the National Stock Exchange, Reliance Industries saw over 1.5 crore shares change hands, NSE data showed.
With surge in Reliance Industries shares, its market capitalization jumped to Rs 13.20 lakh crore on the BSE.
At 9:50 am, Reliance Industries shares were trading lower by 1.87 per cent onthe BSE
Reliance Industries shares shed nearly 2 per cent in a weak market after the country s most valuable company posted its Q4 numbers. Reliance Industries, post market hours on Saturday, reported that its net profit rose 108 per cent to Rs 13,227 crore in the quarter ended March 2021 from Rs 6,348 crore during the corresponding period a year ago. On a sequential basis, Reliance Industries profit rose 1 per cent from Rs 13,101 crore. At 9:50 am, the shares of Reliance Industries were trading at Rs 1957.15, lower by 1.87 per cent, on the BSE.
Reliance Industries revenues from operations rose 11 per cent to Rs 1.55 lakh crore. The oil-to-telecom giant s profit for the financial year came in at record Rs 53,739 crore with growth of 34.8 per cent, Reliance Industries said.
Shares of telecom operators - Bharti Airtel, Reliance Industries-owned Jio gained today
Share price of telecom operators Bharti Airtel and Reliance Industries surged on Wednesday, March 3, a day after the companies purchased radiowaves in the spectrum auction 2021. In the two-day spectrum auction, 855.60 MHz of spectrum was bought for ₹ 77,814.80 crore. On Wednesday, Reliance Industries surged over two per cent on the BSE. It opened at Rs 2121.70, touching an intra day high of Rs 2157 and an intra day low of Rs 2107.20, so far. Shares of Bharti Airtel opened on the BSE at Rs 548.25, touching an intra day high of Rs 550.5 and an intra day low of Rs 540.25, so far. (
Mukesh Ambani poorer by Rs 23,871 crore in stocks crash as Sensex slips below 50K
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Synopsis
The ordinary shares of Reliance Industries closed down 3.52 per cent at Rs 2,007.40. The partly-paid shares slumped 4.52 per cent to Rs 1,133.70.
The equity wealth of Mukesh Ambani and his family, which is largely concentrated in RIL, declined to Rs 6,47,421 crore from Rs 6,71,292 crore on Friday.
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NEW DELHI: Mukesh Ambani, the richest man in India, lost Rs 23,871 crore as investors dumped Reliance Industries (RIL) stocks along with other high-flying names on Monday as rising coronavirus cases spooked markets.
RIL shares also took a hit after the Supreme Court halted the Reliance Retail deal to acquire Future Group assets. Interestingly, the deal size at Rs 24,713 crore was similar to Ambani’s wealth loss on Monday.