Ahead of its Q4 results, Reliance’s share price dropped 1% in morning trading on April 24,starting at ₹1,298.65 and plunging to an intraday low of ₹1,290.50. It was trading at ₹1,294.95,down 0.23% from the Sensex at 11:05 AM.
On Thursday, April 24, the day before its March quarter (Q4) results were due, the price of Reliance’s shares fell by almost 1% in morning trading on the BSE. In contrast to its previous finish of ₹1,299.90, the price of Reliance’s shares opened at ₹1,298.65 and fell 0.7% to an intraday low of ₹1,290.50. At approximately 11:05 AM,the price of Reliance’s shares dropped 0.38 percent to ₹1,294.95. At the moment, the equity benchmark Sensex was down 0.23 percent,trading at 79,934.
Over the past year,Reliance Industries’ (RIL) stock has been under pressure,down 11%.
On July 8, last year, RIL’s shares reached a 52-week high of ₹1,608.95. On April 7, this year, it fell to a 52-week low of ₹1,115.55.
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