Reliance Industries share price rises 0.38% to ₹1,240 on September 16

Key Takeaways

• Reliance Industries gained ₹4.70 or 0.38% to ₹1,240, with the closing price matching the session low. 
• The share finished only ₹5 above its 52-week low of ₹1,235 and remained below all three displayed moving averages. 
• All four historical return periods were negative, including -10.19% over six months and -11.38% over one year. 

Reliance Industries share price closed September 16 at ₹1,240, up ₹4.70 or 0.38%. The previous close was displayed at ₹1,235. Reliance opened at ₹1,243, climbed to ₹1,255 and eventually fell to ₹1,240, which became the session low and closing price. 

The high-low range was ₹15. The stock finished ₹15 below its peak and ₹3 under the opening price despite recording a positive day-on-day change. Volume reached 10,722,537 shares. Market capitalisation stood at ₹16,78,035 crore. 

The share remained almost directly above its 52-week low. That annual low was ₹1,235, leaving the September 16 close only ₹5 higher. The 52-week high stood at ₹1,612, a much larger ₹372 above the closing price. The whole day's range stayed within ₹20 of the annual bottom. 

Moving-average gaps were larger. The 50-day DMA stood at ₹1,301.80, putting the share ₹61.80 lower. Its 100-day DMA was ₹1,321.60, a difference of ₹81.60. Reliance's 200-day DMA reached ₹1,351.90, leaving the closing value ₹111.90 below that level. 

All four return periods shown were negative. One month stood at -5.34% and three months at -5.13%. Six months came in at -10.19%, while one year was -11.38%. The one-month and three-month figures were separated by only 0.21 percentage point; six months and one year differed by 1.19 points. 

September 16 nevertheless ended with a small positive change. Reliance reached ₹1,255 intraday but gave back that move and closed at the day's low. Its final price was still only ₹5 above the 52-week bottom, while the nearest displayed moving average remained more than ₹60 higher.