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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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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jul 14
21:00 6-Month Bill Auction 1 4.125% 4.145%
21:00 3-Month Bill Auction 1 4.245% 4.255%
23:30 BoE's Governor Bailey speech 3
Tuesday, Jul 15
04:31 BRC Like-For-Like Retail Sales (YoY) 2 2.7% 0.2% 0.6%
06:00 Westpac Consumer Confidence 2 0.6% 0.5%
17:30 OPEC Monthly Market Report 1
17:45 Housing Starts s.a (YoY) 1 262.5K 279.5K
18:00 NY Empire State Manufacturing Index 2 -8 -16
18:00 Consumer Price Index Core s.a 1 326.85
18:00 Manufacturing Sales (MoM) 1 -1.3% -2.8%
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