Reliance Industries hits new high; soars 37% thus far in FY19

In past one year, RIL rallied 50% against 18% rise in the S&P BSE Sensex.

Shares of Reliance Industries (RIL) hit a new high of Rs 1,208 per share, up 2% on the BSE on Wednesday, surpassing its previous high of Rs 1,203 recorded on August 1, 2018 in intra-day trade.

Thus far in the current financial year 2018-19 (FY19), RIL has outperformed the market by surging 37% from Rs 883 on March 28, 2018. On comparison, the S&P BSE Sensex was up 15% so far in the fiscal. In past one year, RIL rallied 50% against 18% rise in the benchmark index.

RIL had reported 17.9% year on year (yoy) growth in