i Develop Stocks Advisory: Reliance Ind Q3 net profit rises 14.4% YoY

Friday, January 22, 2010

Reliance Ind Q3 net profit rises 14.4% YoY

Reliance Industries Q3 net profit rose 14.4% to Rs40.08bn as against Rs35.01bn in the sane period last year.

While, Net sales rose 80% to Rs568.6bn as against Rs315.6bn in the same period last year.

Shares of Reliance Industries have advanced by 0.6% to Rs1059. The scrip opened at Rs1041 it touched an intra-day high of Rs1067 and a low of Rs1029 and has recorded volumes of over 3.5mn shares on NSE.

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Friday, January 22, 2010

Reliance Ind Q3 net profit rises 14.4% YoY

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