Reliance Industries rose 1.48% to Rs 1,026.50 at 12:15 IST on BSE after a large bulk deal of 60.58 lakh shares was executed on the scrip at Rs 1,015.50 at 11:15 IST on BSE today, 8 January 2016.
Meanwhile, the S&P BSE Sensex was up 57.07 points or 0.23% at 24,908.90
Bulk deal boosted volume on the Reliance Industries (RIL) scrip. On BSE, so far 65.63 lakh shares were traded in the counter as against average daily volume of 2.54 lakh shares in the past one quarter. The stock was volatile. The stock rose as much as 2.03% at the day's high of Rs 1,032.15 so far during the day. The stock fell as much as 1.13% at the day's low of Rs 1,000.05 so far during the day. The stock had hit a 52-week high of Rs 1,067 on 23 July 2015. The stock had hit a 52-week low of Rs 796.75 on 30 March 2015. The stock had outperformed the market over the past one month till 7 January 2016, rising 6.07% compared with 2.66% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 10.69% as against Sensex's 8.08% fall.
The large-cap firm has equity capital of Rs 3239.40 crore. Face value per share is Rs 10.
On consolidated basis, RIL's net profit rose 12.5% to Rs 6720 crore on 35.4% decline in net sales to Rs 70901 crore in Q2 September 2015 over Q2 September 2014.
RIL is a diversified firm having presence in oil exploration, petrochemicals, retail and telecom sectors.
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