Reliance Industries shares: The stock was trading at Rs 2,612 on NSE at 10.09 am, up 1.24 per cent. This was after the scrip settled at Rs 2,580 (ex-financials) as it turned ex-date for demerger.
JFS' derived price was based on the difference between RIL's previous close of Rs 2,841.85 and the price discovered at Rs 2,580 in the pre-open session.
Jio Financial Services: The demerged entity of Reliance Industries said its consolidated net profit after tax for the first quarter stood at Rs 331.92 crore on a total income of Rs 414.13 crore.
The RSIL is currently a wholly-owned subsidiary of RIL and is an RBI-registered non-deposit-taking systemically important non-banking financial company.