Business Standard

RIL shares dip 3 per cent on official document theft reports

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Press Trust of India Mumbai
Shares of Reliance Industries today witnessed selling pressure, falling over 3 per cent, in an overall weak stock market after the company's name surfaced in reports about alleged official document theft in the oil ministry.

After falling 3.25 per cent to Rs 872 in intra-day trade at the BSE during the day, shares of RIL finally ended at Rs 873.25, down 3.12 per cent from their previous close.

At the NSE, the stock fell by 3.24 per cent to settle at Rs 872.80.

The stock was the biggest loser among the blue-chips on both Sensex and Nifty.

On the volume front, 5.76 lakh shares of the company changed hands at the BSE and over 42 lakh shares were traded at the NSE during the day.
 

Yesterday, an RIL official had said: "It has been brought to our notice that one personnel has been detained by law-enforcement authorities. We are unaware of more details. As per SOP, a robust internal probe is underway."

"No information residing in the said ministry is of commercial consequence to us - we are in Arbitration and our only expectation is an expeditious resolution in line with our legal rights and contentions," he added.

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First Published: Feb 20 2015 | 7:00 PM IST

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