RIL slips ahead of AGM

Reliance Industries fell 0.13% to Rs 1,088.45 at 09:17 IST on BSE ahead of the company's Annual General Meeting to be held later today, 18 June 2014.

Meanwhile, the BSE Sensex was down 13.47 points, or 0.05%, to 25,507.72.

On BSE, so far 18,000 shares were traded in the counter, compared with an average volume of 4.32 lakh shares in the past one quarter.

The stock hit a high of Rs 1,100 and a low of Rs 1,088.05 so far during the day. The stock hit a 52-week high of Rs 1,142.50 on 16 May 2014. The stock hit a 52-week low of Rs 765 on 28 August 2013.

The stock had underperformed the market over the past one month till 17 June 2014, rising 0.87% compared with 5.80% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 23% as against Sensex's 17.02% rise.

The large-cap company has an equity capital of Rs 3232.72 crore. Face value per share is Rs 10.

Reliance Industries' (RIL) 40th Annual General Meeting (AGM) is scheduled to be held at 11:00 IST in Mumbai today, 18 June 2014.

RIL's net profit rose 0.8% to Rs 5631 crore on 13.1% growth in net sales to Rs 95193 crore in Q4 March 2014 over Q4 March 2013.

RIL's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail and broadband services.

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