Shares of Reliance Industries (RIL) on Tuesday gained nearly 2 per cent during the intra-day trade after company posted a record quarterly net profit of Rs 11,262 crore but ended the day flat.
The scrip of the country's most-valued firm closed at Rs 1,414.25, 0.07 per cent lower, on the BSE. During the day, it gained 1.57 per cent to Rs 1,437.65.
On the National Stock Exchange, it fell 0.15 per cent to close at Rs 1,414.15.
The country's most valuable company on Friday posted a record quarterly net profit of Rs 11,262 crore as a steady rise in the share of its consumer businesses of retail and telecom countered lower earnings from traditional petrochemical and refining segment.
The oil-to-telecom conglomerate reported a net profit of Rs 11,262 crore, or Rs 18.6 per share, in July-September, up from Rs 9,516 crore, or Rs 16.1 a share, in the same period of the previous financial year, the company said in a statement.
Equity markets were closed on Monday due to Assembly elections in Maharashtra.