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Reliance Industries Ltd gains for third straight session

Reliance Industries Ltd is quoting at Rs 1321.6, up 4.28% on the day as on 12:54 IST on the NSE. The stock is up 41.9% in last one year as compared to a 11.51% jump in NIFTY and a 19.7% jump in the Nifty Energy index.

Reliance Industries Ltd gained for a third straight session today. The stock is quoting at Rs 1321.6, up 4.28% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.8% on the day, quoting at 11727. The Sensex is at 39040.78, up 2.93%. Reliance Industries Ltd has slipped around 1.77% in last one month.

Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has slipped around 1.45% in last one month and is currently quoting at 15538.65, up 4.1% on the day. The volume in the stock stood at 77.37 lakh shares today, compared to the daily average of 100.9 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 1325, up 4.27% on the day. Reliance Industries Ltd is up 41.9% in last one year as compared to a 11.51% jump in NIFTY and a 19.7% jump in the Nifty Energy index.

The PE of the stock is 22.82 based on TTM earnings ending March 19.

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