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Hot Pursuit News

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(07 Oct 2024, 13:35)

Reliance Industries Ltd drops for fifth straight session

Reliance Industries Ltd is quoting at Rs 2742.1, down 1.12% on the day as on 13:19 IST on the NSE. The stock jumped 19.31% in last one year as compared to a 27% rally in NIFTY and a 54.61% spurt in the Nifty Energy index.


Reliance Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 2742.1, down 1.12% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.93% on the day, quoting at 24780.85. The Sensex is at 81006.87, down 0.83%.Reliance Industries Ltd has eased around 6.25% in last one month.Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has eased around 2.38% in last one month and is currently quoting at 42080.65, down 2.74% on the day. The volume in the stock stood at 52.78 lakh shares today, compared to the daily average of 83.99 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 2756, down 1.34% on the day. Reliance Industries Ltd jumped 19.31% in last one year as compared to a 27% rally in NIFTY and a 54.61% spurt in the Nifty Energy index.

The PE of the stock is 46.89 based on TTM earnings ending June 24.


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