RELIANCE IND. at All Time High; BSE OIL & GAS Index Down 2.3%
March 20, 2019 03:30 PM

RELIANCE IND. share price has hit an all-time high at Rs 1,387 .

Meanwhile, the BSE OIL & GAS Index is at 15,367 (down 2.3%).

Among the top gainers in the BSE OIL & GAS Index today are RELIANCE IND. and INDRAPRASTHA GAS (up 1.4%).

CASTROL INDIA (down 1.0%) and PETRONET LNG (down 1.1%) are among the top losers today.

Over the last one year, RELIANCE IND. has moved up from Rs 895 to Rs 1,387, registering a gain of Rs 491 (up 53.6%).

The BSE OIL & GAS has moved up from 14,741 to 15,367, registering a gain of 626 points (up 1.7%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 53.6%), GAIL (up 6.9%) and INDRAPRASTHA GAS (up 4.8%).

What About the Benchmark Indices?

The BSE Sensex is at 38,490 (up 0.1%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 2.2%), WIPRO (up 1.6%) and SUN PHARMA (up 1.4%). Other gainers include L&T (up 1.4%) and YES BANK (up 1.3%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 11,556 (down 0.1%). The top gainers in the NSE Nifty include INDIABULLS HOU. FIN. (up 5.1%), HINDALCO (up 2.4%) and INFOSYS (up 2.1%). Other gainers include DR. REDDYS LAB (up 1.8%) and L&T (up 1.7%).

Over the last 12 months, the BSE Sensex has moved up from 32,923 to 38,490, registering a gain of 5,567 points (up 16.6%).

RELIANCE IND. Financial Update...

RELIANCE IND. net profit stood at Rs 104 billion for the quarter ended December 2018, compared to a profit of Rs 94 billion a year ago. Net Sales rose 56.4% to Rs 1603.0 billion during the period as against Rs 1025.0 billion in October-December 2017.

For the year ended March 2018, RELIANCE IND. reported 20.3% increase in net profit to Rs 360.2 billion compared to net profit of Rs 299.4 billion during FY17.

Revenue of the company grew 29.0% to Rs 4,111 billion during FY18.

The current Price to earnings ratio of RELIANCE IND., based on rolling 12 month earnings, stands at 21.0x.