At 13 Sep 11:19 today, Reliance Industries shares are trading at price ₹2960.55, 0.07% up from the previous closing price. Sensex is trading at ₹82928.55, down by -0.04%. The stock has hit a high of ₹2966 and a low of ₹2948.8 during the day.
On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at 10,20,50,100 days SMA
The SMA values for the stock are given below :
Till 11 AM today, the volume traded on NSE & BSE for Reliance Industries was 45.86% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
From a fundamental analysis perspective, the company has a ROE of 9.23%
The company has a 50.33% promoter holding, 8.37% MF holding, & 21.59% FII holding as per filings in the june quarter.
The FII holding has decreased from 21.90% in march to 21.59% in the june quarter.
Reliance Industries share price up 0.07% today to trade at ₹2960.55 while its peers are mixed. Its peers such as Petronet LNG are falling today, but its peers Oil & Natural Gas Corporation, Oil India, Hindustan Petroleum Corporation are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.06% & -0.04% each respectively.
