Reliance Capital, Oil India slip ex-dividend
Reliance Capital and Oil India fell by 1.70% to 2.73% at 10:20 IST on BSE on turning ex-dividend today, 16 September 2015.
Shares of Reliance Capital fell 1.70% to Rs 338.40 on turning ex-dividend today, 16 September 2015 for dividend of Rs 9 per share for the year ended 31 March 2015.
Shares of Oil India fell 2.73% to Rs 436 on turning ex-dividend today, 16 September 2015 for final dividend of Rs 10 per share for the year ended 31 March 2015.
The S&P BSE Sensex was up 161.09 points or 0.63% at 25,867.02.
Reliance Capital's consolidated net profit rose 22.56% to Rs 201 crore on 14.60% increase in total income to Rs 2457 crore in Q1 June 2015 over Q1 June 2014.
Reliance Capital, a part of the Reliance Group, is one of India's leading private sector financial services companies. It ranks amongst the top private sector financial services and banking groups, in terms of net worth.
Net profit of Oil India declined 8.97% to Rs 775.42 crore in the quarter ended June 2015 as against Rs 851.87 crore during the previous quarter ended June 2014. Sales rose 8.64% to Rs 2750.10 crore in the quarter ended June 2015 as against Rs 2531.43 crore during the previous quarter ended June 2014.
OIL is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. OIL also provides various E&P related services
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