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RIL slides nearly 3% amid profit booking post 44th AGM

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Reliance Industries, meanwhile, was the worst performer on the Sensex, plummeting 2.35 percent despite the fact that chairman Mukesh Ambani made a flurry of announcements at the company's 44th annual general meeting (AGM).

 

Shares of the company ended the trade lower at Rs 2,145, down 2.75% on the day of AGM.

RIL slides nearly 3% amid profit booking post 44th AGM
Reliance Industries: Quotes, News
BSE 2071.50BSE Quote36.1 (1.74%)
NSE 2072.50NSE Quote37.2 (1.79%)

Ambani made many big announcements, including the addition of Yasir Al-Rumayyan, Chairman of Saudi Aramco and Governor of PIF, to the Reliance Industries Board of Directors as an Independent Director. In addition, he stated that over the next three years, Reliance Industries will invest Rs 75,000 crore in the new energy business.

RIL price details

  • Price: Rs 2,147.80
  • Mkt cap 14.30LCr
  • P/E ratio 28.56
  • Div yield 0.33%
  • 52-wk low 1,695.55

The 44th annual general meeting (AGM) of Reliance Industries (RIL), India's largest corporation by market capitalization, held virtually AGM on June 24 (today) at 2 p.m. On the company's website, www.ril.com, the annual report will also be published.

Read more about: reliance industries
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