RIL signs JV with Russian Petchem firm; stock flat

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RIL signs JV with Russian Petchem firm; stock flat

Reliance Industries (RIL) has signed joint venture with Russian Petchem firm Sibur for a rubber facility with 1 lakh tonnes capacity, reports CNBC-TV18.

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Reliance Industries (RIL) has signed joint venture with Russian Petchem firm Sibur for a rubber facility with 1 lakh tonnes capacity, reports CNBC-TV18.

At 09:25 hrs the share was quoting at Rs 842.20, up Rs 0.40, or 0.05%. It touched an intraday high of Rs 848.90 and an intraday low of Rs 841.
 
It was trading with volumes of 53,772 shares. In the previous trading session, the share closed up 2.92% or Rs 23.90 at Rs 841.80.

The company's trailing 12-month (TTM) EPS was at Rs 61.97 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 13.59. The latest book value of the company is Rs 384.66 per share. At current value, the price-to-book value of the company was 2.19. The dividend yield of the company was 0.95%.