NEW DELHI, Oct 20: Shares of Reliance Industries Ltd (RIL) on Monday climbed 3 per cent after the company reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in the core oil-to-chemicals segment. The bellwether stock edged higher by 3 per cent to Rs 1,459.90 on the BSE. At the NSE, the stock climbed 3 per cent to Rs 1,460.60. The company’s market valuation jumped by Rs 53,114.95 crore to Rs 19,70,598.66 crore during the morning trade. The rally in Reliance shares also drove the equity markets higher. The 30-share BSE Sensex quoted 438.20 points or 0.52 per cent higher at 84,390.39 during the morning trade. The 50-share NSE Nifty traded 135.40 points or
Reliance shares climb 3 pc; mkt valuation surges by Rs 53,115 crore post Q2 earnings

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