Reliance Capital gains over 2% as Q1 profit surges 16/08/2016 12:17

Reliance Capital gains over 2% as Q1 profit surges
16/08/2016 12:17
NIFTY Fut : Trend : SELL ZONE
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Shares of Anil Ambani-promoted Reliance Capital rose 2 per cent on the Bombay Stock Exchange after the company reported a consolidated net profit after tax at Rs 207 crore for the April-June quarter of FY17, as compared to Rs 201 crore during the same period a year ago
Boosted by Q1 earnings, shares of company gained as much as 2.50 per cent in intra-day to trade at Rs 447.60 apiece on Bombay Stock Exchange.
In a similar fashion, stocks of company rose 1.14 per cent to Rs 442.25 apiece on National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 27,991.75, down 160.65 points, or 0.57 per cent, at 12:10 hours.