RIL slips nearly 2% after June quarter result; here's what brokerages say

For the April-June period, RIL reported a profit befote tax (PBT) of Rs 8,542 crore against Rs 14,366 crore in the year-ago period.

Shares of Mukesh Ambani-controlled Reliance Industries (RIL) slipped nearly 2 per cent on Friday, a day after the company reported its June quarter numbers for the fiscal year 2020-21 (Q1FY21). 

At 09:39 am, the stock was trading over 1.63 per cent lower at Rs 2,074 on the BSE. In comparison, the S&P BSE Sensex was trading 32 points or 0.09 per cent higher at 37,768 levels. During the session, the stock hit a low of Rs 2,070.70 against Thursday's close of 2,108.65.

RIL's shares had hit an all-time high of Rs 2,198.70 on July 27 whereas its 52-week low stands