Reliance Industries (RIL) stock prices down january 23 2012

Indonesia stock info - Reliance Industries (RIL) stock prices down january 23 2012 ; Reliance Industries (RIL) Ltd., India’s biggest company by market value, sank 2.9 percent in Mumbai after earnings dropped for the first time in two years.

Reliance Industries slipped 2.9 percent to 769.85 rupees in Mumbai after the owner of the world’s biggest oil refining complex said third-quarter net income declined 14 percent from a year earlier to to 44.4 billion rupees ($884 million). That missed the 45.6 billion rupee median estimate of 29 analysts surveyed by Bloomberg.


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