RELIANCE IND. share price has plunged 11% and is presently trading at Rs 1,005.
Meanwhile, the BSE OIL & GAS Index is at 9,907 (down 11.3%).
Among the top losers in the BSE OIL & GAS Index today are RELIANCE IND. (down 10.7%) and BPCL (down 15.0%).
Over the last one year, RELIANCE IND. has moved down from Rs 1,330 to Rs 1,005, registering a loss of Rs 325 (down 24.4%)..
The BSE OIL & GAS has moved down from 14,798 to 9,907, loss of 4,891 points (down 33.1%) during the last 12 months.
The top gainers among the BSE OIL & GAS Index stocks during this same period were INDRAPRASTHA GAS (up 20.5%).
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The BSE Sensex is at 31,221 (down 9.4%).
In the meantime, NSE Nifty is at 9,133 (down 10.1%).
Over the last 12 months, the BSE Sensex has moved down from 37,536 to 31,221, registering a loss of 6,315 points (down 20.91%).
RELIANCE IND. net profit stood at Rs 118 billion for the quarter ended December 2019, compared to a profit of Rs 104 billion a year ago. Net Sales declined 2.2% to Rs 1568.0 billion during the period as against Rs 1603.0 billion in October-December 2018.
For the year ended March 2019, RELIANCE IND. reported 10.3% increase in net profit to Rs 397.3 billion compared to net profit of Rs 360.2 billion during FY18.
Revenue of the company grew 42.4% to Rs 5,855 billion during FY19.
The current Price to earnings ratio of RELIANCE IND., based on rolling 12 month earnings, stands at 13.8x. p >
What else is happening in the markets today? Dig in...
RAIN INDUSTRIES share price is trading down by 6% and its current market price is Rs 164. The BSE 500 is down by 2.6%. The top gainers in the BSE 500 Index are JUBILANT PHARMOVA (up 6.2%) and IPCA LABS (up 5.3%). The top losers are RAIN INDUSTRIES (down 5.8%) and BAJAJ FINANCE (down 5.1%).
Asian stock markets are trading on a cautious note today as investors wait to see if US earnings can justify sky-high valuations.
VOLTAS share price is trading down by 6% and its current market price is Rs 994. The BSE CONSUMER DURABLES is down by 4.0%. The top losers are VOLTAS (down 6.2%) and SYMPHONY (down 5.9%).
VA TECH WABAG share price is trading down by 7% and its current market price is Rs 254. The BSE CAPITAL GOODS is down by 3.7%. The top losers are VA TECH WABAG (down 6.9%) and HEG (down 7.8%).
SHRIRAM TRANSPORT share price is trading down by 8% and its current market price is Rs 1,412. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are GSK CONSUMER (up 5.1%) and JUBILANT PHARMOVA (up 5.0%). The top losers are SHRIRAM TRANSPORT (down 8.0%) and BAJAJ FINANCE (down 6.4%).
J&K BANK share price is trading down by 6% and its current market price is Rs 26. The BSE BANKEX is down by 4.3%. The top losers are J&K BANK (down 6.5%) and INDUSIND BANK (down 8.2%).
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