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Tuesday, November 20, 2007

RIL Bags Another Block In Oman - Congoo

Reliance Industries was down 0.43% to Rs 2775 at 10:22 IST on BSE, off early low Rs 2741, after its wholly owned subsidiary Reliance Exploration and Production DMCC on Tuesday signed production sharing agreement for two exploration blocks in Yemen.

Meanwhile, BSE Sensex was down 165.04 points or 0.86% to 19,115.76.
On BSE 1.57 lakh shares were traded in the counter. The scrip had an average daily volume of 11.66 lakh shares in the past one quarter. The stock hit a high of Rs 2800 and a low of Rs 2741 so far during the day. The stock had a 52-week high of Rs 3235 on 9 November 2007 and 52-week low of Rs 1181 on 12 December 2006.

The current price of Rs 2775 discounts Q2 September 2007 annualized EPS of Rs 110.10 by a PE multiple of 25.20.

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