RIL Stock Slips Nearly 3 pc on Bourses on Lukewarm Q4 Results


Mumbai, Apr 25 (PTI) Shares of corporate major Reliance Industries fell by nearly 3 per cent in morning trade on the BSE today following the company's announcement of 14 per cent growth in fourth quarter net profit to Rs 5,376 crore, which was lower than the expectations on Dalal Street.

The scrip of the country's most valued firm by market capitalisation slipped by 2.86 per cent to touch an early low of Rs 1,010.15 on the Bombay Stock Exchange (BSE).

In a similar fashion, the stock went down by 2.93 per cent to a low of Rs 1,010.10 on the National Stock Exchange.

On the volume front, over 8 lakh shares of the company were traded within the first few minutes of trade.

  

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Title: RIL Stock Slips Nearly 3 pc on Bourses on Lukewarm Q4 Results



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