Meanwhile, the BSE Sensex was down 238.85 points, or 1.38% to 17,093.77.

On BSE, 5.80 lakh shares were traded in the counter as against average daily volume of 7.16 lakh shares in the past one quarter.

The stock hit a high of Rs 761.35 and a low of Rs 739 so far during the day. The stock had hit a 52-week high of Rs 1,044 on 21 April 2011. The stock had hit a 52-week low of Rs 687.55 on 2 January 2012.

The stock had underperformed the market over the past one month till 12 April 2012, falling 6.78% compared with the Sensex's 1.45% fall. The scrip had also underperformed the market in past one quarter, rising 0.73% as against Sensex's 8.08% gain.

India's largest private sector company by market capitalisation has an equity capital of Rs 3274.72 crore. Face value per share is Rs 10.

The Reliance Industries (RIL) stock has risen 2.13% in two trading sessions from Rs 732.90 on 11 April 2012, after the company said in a statement on Wednesday, 11 April 2012, the gas output is normal at its KG D6 block off the east coast after Wednesday's quake in Indonesia. The stock had risen 1.36% to settle at Rs 742.90 on Thursday, 12 April 2012.

RIL early last week said its Jamnagar manufacturing unit is planning to take Maintenance and Inspection (M&I) shutdown of one of the diesel hydro treating unit for approximately three weeks duration from 2 April 2012. Routine activity of catalyst replacement is planned to be carried out during this shutdown and the opportunity will also be utilized to carry out revamp jobs so as to further enhance BS-IV grade diesel production capability from DTA refinery, RIL said. Remaining units of refinery, including crude processing units, are planned to operate at full throughput during this period, RIL said.

RIL's net profit fell 13.6% to Rs 4440 crore on 42.4% growth in net sales to Rs 85135 crore in Q3 December 2011 over Q3 December 2010. The company is seen reporting weak Q4 earnings due to falling refining margins and reduced output from its KG-D6 gas blocks.

RIL's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail and infotel. RIL is the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products.