Reliance Industries shares gain over 3% ahead of Q4 earnings release

Shares of Reliance Industries Ltd gained over 3 percent Thursday ahead of its fourth quarter earnings to be announced later in the day

Press Trust of India April 18, 2019 17:27:21 IST
Reliance Industries shares gain over 3% ahead of Q4 earnings release
  • Reliance Industries (RIL) was the biggest gainer on both the BSE and the NSE

  • RIL shares rose by 2.79 percent to settle at Rs 1,382.90 on the BSE and during the day, it gained 3 percent to Rs 1,387

  • The company is the most-valued firm in the country with a market valuation of Rs 8,76,585.81 crore on the BSE

New Delhi: Shares of Reliance Industries Ltd gained over 3 percent Thursday ahead of its fourth quarter earnings to be announced later in the day.

The scrip of the company rose by 2.79 percent to settle at Rs 1,382.90 on the BSE. During the day, it gained 3 percent to Rs 1,387.

Reliance Industries shares gain over 3 ahead of Q4 earnings release

Representational image. Reuters.

On the National Stock Exchange (NSE), shares jumped 3.14 percent to close at Rs 1,386.05 apiece.

On the traded volume, 9.24 lakh shares were trade on the BSE and over one crore shares on the NSE during the day.

The company is the most-valued firm in the country with a market valuation of Rs 8,76,585.81 crore on the BSE.

The stock was the biggest gainer on both the BSE and the NSE.

"A meeting of the board of directors of the company is scheduled to be held on Thursday, April 18, 2019, to consider and approve standalone and consolidated audited financial results for the quarter and the year ended 31 March, 2019, and to consider and recommend dividend on equity shares," the company had said in a filing to the BSE on 11 April.

(Disclosure - Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd)

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Reliance Industries' market cap comes very close to Rs 10 lakh cr in intra-day trade as stock hits record high
Business

Reliance Industries' market cap comes very close to Rs 10 lakh cr in intra-day trade as stock hits record high

The market valuation of Reliance Industries, the country's most valued firm, came very close to the Rs 10 lakh crore mark in intra-day trade on Tuesday

Reliance Industries shares gain 2.5%; market-cap rises by Rs 19,974 cr after Q1 earnings
Business

Reliance Industries shares gain 2.5%; market-cap rises by Rs 19,974 cr after Q1 earnings

Shares of Reliance Industries Ltd (RIL) gained 2.5 percent on Monday after the company posted 6.8 percent rise in June quarter net profit

Reliance Industries' shares jump nearly 2% on strong Q2 numbers; market-cap regains Rs 9 lakh cr-mark
Business

Reliance Industries' shares jump nearly 2% on strong Q2 numbers; market-cap regains Rs 9 lakh cr-mark

Shares of Reliance Industries (RIL) on Tuesday gained nearly 2 percent, with its market valuation hitting the Rs 9 lakh crore mark once again, after the company posted a record quarterly net profit of Rs 11,262 crore