Reliance Industries Limited financial result sep 2011

Reliance Industries Limited financial result sep 2011

India top ranked company Reliance Industries Limited
announced its extra ordinery financial result for second
quarter ended on  sep 2011 on 15 oct 2011.

Reliance Industries Limited beat all market expectation
 and surprised by finominal growth in sales and net
profit,company sales rise to 78569 crore around 36 %
jump in sales from same period in previous year and
net profit jump to 5703 crore from 4923 crore quarter
 last year.

company GRM rise from 7 % to 10 % this quarter,
showing rise in all factor.

Monday stock of reliance industries looking to open on
higher note and stock poised to touch 1020 in coming
 month if stock market condition will be better.

company out look for future currently looking strong by
number long term investor can buy stock of Reliance
Industries Limited at current level.

result source:bseindia