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Reliance Industries share price gains over 3% ahead of Q4 earnings

Reliance Industries share price gains over 3% ahead of Q4 earnings

Share price of Reliance Industries gained 3.36% to Rs 1,474 compared to the previous close of Rs 1,426  on BSE

Aseem Thapliyal
Aseem Thapliyal
  • Updated Apr 30, 2020 11:55 AM IST
Reliance Industries share price gains over 3% ahead of Q4 earningsReliance Industries stock has gained after two days of consecutive fall. On Nifty, the stock gained 3.35% to Rs 1,474 compared to the previous close of Rs 1,426.75

Reliance Industries share price rose in early trade ahead of the firm's March quarter earnings set to be announced later in the day. Share price of Reliance Industries gained 3.36% to Rs 1,474 compared to the previous close of Rs 1,426  on BSE.

Reliance Industries stock has gained after two days of consecutive fall. On Nifty, the stock gained 3.35% to Rs 1,474 compared to the previous close of Rs 1,426.75.

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Total 2.79 lakh shares changed hands on BSE amounting to turnover of Rs 40.62 crore. Market cap of the firm stood at Rs 9.33 lakh crore on BSE.

Share Market LIVE: Sensex rises 980 points, Nifty above 9,820, Reliance Industries, Tech Mahindra rise ahead of results

RIL stock price has gained 7.1% in one week and 42.28% in one month. However, it is down 3% since the beginning of this year. On March 23 , the stock hit its 52-week low of Rs 875 . Since then, it has gained nearly Rs 600.

RIL stock trades higher than its 5 day, 20 day, 50 day, 100 day and 200 day moving averages

On March 23, the stock hit its 52-week low of Rs 875. Since then, it has gained nearly Rs 600.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Apr 30, 2020 10:48 AM IST