Reliance gains 1% as govt approves KG-D6 output plan
25th October 2012 11:18 AM
Mukesh Ambani led Reliance Industries (RIL) gained on Thursday after the government has approved the company"s Krishna-Godavari (KG)-D6 output plan.
The government has also exempted the company from performance audit of the KG basin operationsby Comptroller and Auditor General (CAG). The CAG will conduct onlyfinancial audit of the KG basin.
Shares ofthe companyare trading at Rs 818, up Rs 8.05, or 0.99% at the Bombay Stock Exchange (BSE) on Thursday at 9:52 a.m. The scrip has touched an intra-day high of Rs 818.80 and low of Rs 811.05. The total volume of shares traded at the BSE is 87,354.In the earlier session, the shares fell 0.58%, or Rs 4.69, at Rs 809.95. Currently, the stock is trading down 9.31% from its 52-week high of Rs 902 and above 21.91% over the 52-week low of Rs 671.Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 805.40 4.55 0.56 1 Month 836.25 (26.30) (3.14) 3 Months 710.30 99.65 14.03 6 Months 742.10 67.85 9.14 1 Year 875.00 (65.05) (7.43) Note: Based on previous day closing price.
- UPA-II anniversary: No honest appraisal
- Woolwich attack provokes anti-Muslim backlash across UK
- Bangladesh allows transit for foodgrains for Northeast India
- Increasing friction between the Chandy and Chennithala factions
- 'Data shows gambling rampant in India'
- Madrasi heart for Pakistani Madrassa teacher
- Somayagam returns after 48 years
- Not a drop of Cauvery for people on its banks