News Details

( 30/04/2018 12:22)
RIL slips over 3% on profit booking

Shares of Reliance Industries fell over 3 per cent on the Bombay Stock Exchange as investor resorted to profit booking after the Mukesh Ambani-led company reported a highest ever consolidated net profit of Rs 9,435 crore in March quarter, 17.3 per cent higher than Rs 8,046 crore posted in the year ago period.

Weighed down by profit booking, stocks of the company declined as much as 3.38 per cent to touch an intra-day low of Rs 961.10 apiece on the Bombay Stock Exchange.

In a similar trend, shares of the firm were trading 2.92 per cent lower at Rs 967.20 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 35,191.61, up 221.91 points, or 0.63 per cent at 12:18 hours.

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