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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
Tuesday, Jun 10
11:30 Claimant Count Rate 2 4.5% 4.4% Revised from 4.5%
11:30 Average Earnings Excluding Bonus (3Mo/Yr) 2 5.2% 5.4% 5.5% Revised from 5.6%
11:30 ILO Unemployment Rate (3M) 3 4.6% 4.6% 4.5%
11:30 Average Earnings Including Bonus (3Mo/Yr) 2 5.3% 5.5% 5.6% Revised from 5.5%
11:30 Employment Change (3M) 3 89K 112K
15:30 NFIB Business Optimism Index 1 95.9 95.8
18:25 Redbook Index (YoY) 1 4.9%
21:00 52-Week Bill Auction 1 3.93%
22:30 3-Year Note Auction 1 3.824%
Wednesday, Jun 11
02:00 API Weekly Crude Oil Stock 1 0.7M -3.3M
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