RIL has resistance at Rs 955-970: Sharma
03 Feb 11 05:12 PM
Money Control
Reliance Industries (RIL) has resistance at Rs 955-970, says Jatinder Sharma, Partner, Equity Strategists.
Sharma told "Around Rs 955-970 levels, is an immediate resistance band for RIL."
The company's trailing 12-month (TTM) EPS was at Rs 59.95 per share. (Dec, 2010). The stock's price-to-earnings (P/E) ratio was 15.74. The latest book value of the company is Rs 392.21 per share. At current value, the price-to-book value of the company was 2.41. The dividend yield of the company was 0.74%.
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