RIL shares surge up to 5%

With today's gain,RIL made a comeback on the Dalal Street after three sessions of fall.

Shares of Reliance Industries (RIL),the country’s most valued company in terms of market value,today rose by up to 5 per cent on the bourses,helping the benchmark Sensex gain over 400 points.

With today’s gain,RIL made a comeback on the Dalal Street after three consecutive sessions of fall.

The company’s shares spurted by 4.46 per cent to settle at Rs 801.45 on the BSE. During the day,the stock jumped 4.88 per cent to a high of Rs 804.70.

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On the NSE,the scrip closed up by 5.09 per cent at Rs 806.05 a piece.

The company in a filing to the BSE said that it will announce its financial results for the quarter and half year ended September 30,on October 15.

“A meeting of the Board of Directors of the company will be held on October 15,to consider and approve the unaudited financial results of the company for the quarter and half year ended September 30,2011,” it said.

RIL that carries 10.82 per cent weight on the Sensex,contributed the most to today’s rally,with the BSE benchmark surging by 440.13 points or 2.79 per cent to 16,232.54.

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