Trending stocks: Reliance Industries shares up 1%

NEW DELHI: Shares of Reliance Industries traded 0.97 per cent up in Friday 's trade at 09:27 am.

Around 2997313 shares changed hands on the counter. The stock opened at Rs 1134.45 and touched an intraday high and low of Rs 1134.45 and Rs 1082.4 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 1614.7 and a 52-week low of Rs 879.6 .


The Mukesh Ambani-led company said it will raise Rs 25,000 crore through non-convertible debentures to fund its operations.

Financials
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 685052.94 Crore) operating in Diversified sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 152939.00 Crore, up 2.97 % from last quarter Sales of Rs 148526.00 Crore and down -2.21 % from last year same quarter Sales of Rs 156397.00 Crore Company has reported net profit after tax of Rs 11784.00 Crore in latest quarter.

Reliance Industries Ltd. key Products/Revenue Segments include Refinery which contributed Rs 246036.00 Crore to Sales Value (63.92 % of Total Sales), Petrochemicals which contributed Rs 135516.00 Crore to Sales Value (35.20 % of Total Sales), Oil & Gas which contributed Rs 1992.00 Crore to Sales Value (0.51 % of Total Sales), Others which contributed Rs 571.00 Crore to Sales Value (0.14 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 48.87183 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 152939.0 crore and net profit of Rs 11784.0 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 15.79 and price to book value of 1.62 .