The announcement was made during trading hours today, 21 June 2013.
Meanwhile, the S&P BSE Sensex was down 26.64 points or 0.14% at 18,692.65.
On BSE, 6.97 lakh shares were traded in the counter as against average daily volume of 11.54 lakh shares in the past one quarter.
The stock was volatile. The stock lost as much as 4.23% at the day's low of Rs 316.70 so far during the day. The stock rose as much as 1.14% at the day's high of Rs 334.50 so far during the day. The stock had hit a 52-week high of Rs 508 on 7 January 2013. The stock had hit a 52-week low of Rs 297.05 on 26 March 2013.
The stock had underperformed the market over the past one month till 20 June 2013, sliding 13.1% compared with the Sensex's 7.44% fall. The scrip, however, outperformed the market in past one quarter, falling 0.45% as against Sensex's 0.87% decline.
The large-cap company has equity capital of Rs 245.63 crore. Face value per share is Rs 10.
Reliance Capital today, 21 June 2013, announced various decisions to support the government's objective of curbing gold imports.
Among the other decisions, the company's Commercial Finance Division has decided to suspend finance against gold as security. Reliance Capital Asset Management (RCAM), a part of Reliance Capital, has decided to suspend new subscriptions in Reliance Gold Savings Fund. Existing SIP investors will not be affected by this decision, the company said. These decisions are subject to necessary regulatory approvals etc, Reliance Capital added.
Reliance Capital's consolidated net profit fell 19.5% to Rs 265 crore on 13.8% decline in total income to Rs 1691 crore in Q4 March 2013 over Q4 March 2012.
Reliance Capital, a part of the Reliance Group, is one of India's leading private sector financial services companies.
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