RELIANCE IND. at All Time High; BSE OIL & GAS Index Up 0.1%
August 24, 2018 09:32 AM

RELIANCE IND. share price has hit an all-time high at Rs 1,275 (up 0.3%).

Meanwhile, the BSE OIL & GAS Index is at 15,039 (up 0.1%).

Among the top gainers in the BSE OIL & GAS Index today are RELIANCE IND. (up 0.3%) and GAIL (up 0.6%).

ONGC (down 0.1%) and BPCL (down 0.3%) are among the top losers today.

Over the last one year, RELIANCE IND. has moved up from Rs 791 to Rs 1,275, registering a gain of Rs 484 (up 61.1%).

The BSE OIL & GAS has moved up from 14,879 to 15,039, registering a gain of 160 points (up 0.7%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 61.1%), GAIL (up 34.1%) and OIL INDIA LTD. (up 11.0%).

What About the Benchmark Indices?

The BSE Sensex is at 38,390 (up 0.1%). The top gainers among the BSE Sensex stocks today are POWER GRID (up 1.7%), NTPC (up 1.5%) and AXIS BANK (up 1.0%). Other gainers include M&M (up 0.7%) and TATA STEEL (up 0.6%). The most traded stocks in the BSE Sensex are SBI and AXIS BANK.

In the meantime, NSE Nifty is at 11,595 (up 0.1%). The top gainers in the NSE Nifty include POWER GRID (up 1.4%), NTPC (up 1.3%) and BAJAJ FINANCE (up 1.3%). Other gainers include ULTRATECH CEMENT (up 1.2%) and AXIS BANK (up 1.0%).

Over the last 12 months, the BSE Sensex has moved up from 31,568 to 38,390, registering a gain of 6,822 points (up 21.5%).

RELIANCE IND. Financial Update...

RELIANCE IND. net profit stood at Rs 95 billion for the quarter ended June 2018, compared to a profit of Rs 94 billion a year ago. Net Sales rose 29.8% to Rs 1330.7 billion during the period as against Rs 1025.0 billion in April-June 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 20.7x.