Reliance Industries Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1311.1, up 1.51% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.9% on the day, quoting at 11033.3. The Sensex is at 36886.04, up 0.74%. Reliance Industries Ltd has risen around 18.68% in last one month.

Meanwhile, Nifty Energy index of which Reliance Industries Ltd is a constituent, has risen around 8.78% in last one month and is currently quoting at 15198.95, up 1.18% on the day. The volume in the stock stood at 52.51 lakh shares today, compared to the daily average of 98.41 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 1315, up 1.63% on the day. Reliance Industries Ltd is up 46.59% in last one year as compared to a 5.31% spurt in NIFTY and a 12.2% spurt in the Nifty Energy index.

The PE of the stock is 23.17 based on TTM earnings ending December 18.

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Net profit of Reliance Industries rose 8.82% to Rs 10251.00 crore in the quarter ended December 2018 as against Rs 9420.00 crore during the previous quarter ended December 2017. Sales rose 56.69% to Rs 156397.00 crore in the quarter ended December 2018 as against Rs 99810.00 crore during the previous quarter ended December 2017.

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The result was announced after market hours yesterday, 17 January 2018.

Meanwhile, the S&P BSE Sensex was up 10.61 points, or 0.03% to 36,384.69.

On the BSE, 99,000 shares were traded in the counter so far compared with average daily volumes of 4.40 lakh shares in the past two weeks. The stock had hit a high of Rs 1156.55 and a low of Rs 1145 so far during the day. The stock hit a 52-week high of Rs 1,328.75 on 29 August 2018. The stock hit a 52-week low of Rs 872.10 on 6 February 2018.

Reliance Industries (RIL) said increase in revenue is primarily on account of higher price realizations and volumes for petrochemical and refining businesses along with continuing strong growth momentum in consumer businesses. Product prices for the refining and petrochemicals business increased in line with 10.4% higher average Brent crude oil price. The higher volumes in petrochemical business are on account of stabilization and ramp-up of new petrochemical facilities. Retail business and digital services business recorded an increase of 89% and 51% in revenue during the quarter compared to the corresponding quarter of the previous year.

Commenting on the results, chairman and managing director, Mukesh Ambani said in its new-age consumer businesses, RIL maintained robust growth momentum across retail and Jio platforms and the share of consumer businesses is steadily increasing its contribution to the overall profitability of the company. In wireless business, RIL's customer-centric offerings and strong ubiquitous network are helping to digitalise India at an unprecedented rate.

Reliance Industries' activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and telecommunications.

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The announcement was made after market hours yesterday, 10 January 2019.

Meanwhile, the S&P BSE Sensex was down 116.20 points, or 0.32% to 35,990.30

On the BSE, 4.51 lakh shares were traded in the counter so far compared with average daily volumes of 3.31 lakh shares in the past two weeks. The stock had hit a high of Rs 1,114 and a low of Rs 1,089.50 so far during the day.

Reliance Industries said that the company is planning to shut down one of the crude distillation units and coker unit of its DTA refinery at Jamnagar for routine maintenance and inspection activities for about four weeks starting from 16 January 2019. The other crude distilliation and secondary processing units are expected to operate normally.

Reliance Industries' (RIL) consolidated net profit rose 17.93% to Rs 9549 crore on 54.11% rise in total income to Rs 144574 crore in Q2 September 2018 over Q2 September 2017.

RIL is India's largest private sector company. RIL's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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