Reliance-JFSL Demerger Update: Shares of Reliance Industries Ltd settled at Rs 2,580 in the special pre-open session on Thursday. This is the discovered price (opening price) for RIL (ex-financials) at 10 am. For Jio Financial Services or JFS, the share price is derived at Rs 261.85.
Brokerages claimed that despite reporting a consolidated net profit of Rs 17,955 crore the consolidated EBITDA and PAT of RIL were below their estimate.