Share of Reliance Industries breaks even after profit up 129%

Share of Reliance Industries breaks even after profit up 129%

Business Desk: Investors are not happy with the quarterly results of Mukesh Ambani's Reliance Industries. The proof of this is that Reliance Industries shares fell more than 2 per cent in the stock market on Monday morning. The Reliance Industries stock opened at Rs 1963.70 on the Sensex at the start of business in the morning. At the close of business on Friday, the stock was at Rs 1994.45. On the NSE Nifty, Reliance shares closed at Rs 1,994.50 on Friday evening and opened at Rs 1,966 on Monday morning.

Shortly after the commencement of business on Monday, the Reliance Industries stock touched a low of Rs 1943.70 on the Sensex. However later it was running at a level of Rs 1957.70 at around 11 am. On the Nifty too, it had reached a low of 1,943.10, later trading at the level of Rs 1953.90 around 11 am.

Profits rose 129%
Reliance Industries had released its financial results for the January-March quarter on Friday evening. The company's consolidated net profit in the fourth quarter increased 129 per cent to Rs 14995 crore. The consolidated income of Reliance Industries in January-March 2021 stood at Rs 1,54,896 crore, an increase of 11 per cent over the same period last year. It has seen a growth of 24.9 per cent over the previous quarter. Reliance Retail's revenue rose 20 per cent year-on-year to an all-time high of Rs 41296 crore in the March quarter. 

The company has also announced a dividend at the rate of Rs 7 per share to its shareholders for the financial year ended 31 March 2021. Reliance Industries' telecom and digital services company Jio Platforms reported a 0.5 per cent rise in profit to Rs 3508 crore on a quarterly basis. However, the company's revenue was down 6.1 per cent to Rs 18278 crore as compared to the previous quarter. 


SBI Alert: Do not share this information with anyone, otherwise it could be a big loss

SBI Alert: Do not share this information with anyone, otherwise it could be a big loss

Business Desk: The country's largest bank, State Bank of India (SBI), has approached its millions of customers. In the midst of the growing crisis of Kovid-19, the bank has advised everyone to be alert to fraudsters and fraudsters. The bank has tweeted and stated 5 important points, through which you can keep your money safe.

The bank wrote in a tweet that we advise our customers to be alert to thugs and not to download any app from any unknown source. The bank also asked customers not to reply to unsolicited offers from e-mail, SMS or any other social media account, no matter how attractive they may be. 

Do not share your date of birth, debit card number, internet banking user ID and password, debit card PIN, CVV and OTP with anyone.
Apart from this, beware of phone calls that come in the name of SBI, RBI, Government, Office, Police and KYC authorities.
Apart from this, do not download any app on your phone or any app through any anonymous source in your phone.
Do not click on any link in the mail and message sent from unknown people.

Apart from this, beware of fake offers that you receive on social media or on messages and phones.
In addition to telling you, the bank has said that by taking a bank account number, password, ATM card number or taking a picture of it, there is a risk of your information being leaked. With this, your account can also be completely empty. According to the bank, all the customers of the country should take care that you do not use public internet to transact money. There is always the fear of leaking your personal information in it. 


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