Reliance Industries Restricted down for fifth consecutive session

Reliance Industries Restricted is buying and selling at Rs 2571.15, down 0.97% on the day of 13:19 IST on NSE. The inventory jumped 16.04% previously one yr as in comparison with a 1.45% slide in Nifty and 18.8% in Nifty Auto index.

Reliance Industries Restricted is down for the fifth consecutive session in the present day. The inventory is buying and selling at Rs 2571.15, down 0.97% on the day of 13:19 IST on NSE. The benchmark Nifty is down round 1.45% on the day, at 15464.55. Sensex is down 1.45% at 51778.25. Reliance Industries Restricted has added round 1.66% within the final one month. In the meantime, the Nifty Auto index of which Reliance Industries Ltd is a constituent, has misplaced round 7.66% previously one month and is at the moment quoted at 24877, down 1.8% on the day. The amount within the inventory stood at 52.15 lakh shares in the present day as towards the every day common of 84.2 lakh shares within the final one month.

The benchmark June futures contract for the inventory is buying and selling at Rs 2561.9, down 1.46% on the day. Reliance Industries Ltd jumped 16.04% within the final one yr, whereas Nifty fell 1.45% and Nifty Auto index gained 18.8%.

Based mostly on TTM earnings ended March 22, the inventory has a PE of 44.94.

operated by Capital Markets – Dwell Information

(This story has not been edited by Enterprise Customary staff and is routinely generated from a syndicated feed.)

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