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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
Wednesday, Apr 09
20:00 EIA Crude Oil Stocks Change 1 2.553M 2.200M 6.165M
20:45 Fed's Musalem speech 2
21:15 Fed's Barkin speech 2
22:30 10-Year Note Auction 1 4.435% 4.310%
23:30 FOMC Minutes 3
Thursday, Apr 10
04:31 RICS Housing Price Balance 1 8% 11%
15:30 RBA Governor Bullock speech 3
18:00 Initial Jobless Claims 4-week average 1 223K
18:00 Initial Jobless Claims 2 223K 219K
18:00 Continuing Jobless Claims 1 1.880M 1.903M
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