SC fines Reliance Industries Rs 10 lakh for delaying NTPC gas case

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RELIANCE · price

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Price reactionminutes from the announcement price · days from the prior close

+0.5%Reaction day

₹1316.00

prior close

₹1314.00

announcement price

After-mkt

timing

Nifty 100market-0.5%+0.9% vs market

Refineries & Marketing peers, median of 12sector-0.3%+0.7% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty 100 and 0.7 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

+0.5

15m

+0.6

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.5-0.5+0.9-0.3+0.7

Next day

-0.4-0.8+0.5-1.2+0.8

-0.4-0.3-0.1-2.0+1.6

+0.0-0.2+0.2-0.8+0.8

-0.5-0.3-0.1-0.6+0.2

+0.1+0.2-0.1+0.5-0.4

-2.1-0.7-1.4-1.0-1.1

15d

-1.6-2.6+1.0-2.3+0.7

-5.5-3.8-1.8-1.7-3.8

-8.7-6.1-2.5-5.0-3.6

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UpDownMarket · Nifty 100Sector · Refineries & Marketing peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BSE has sought clarification from Reliance Industries about a media report stating the Supreme Court imposed a Rs 10 lakh fine on RIL for delaying proceedings in the NTPC gas supply case. The fine relates to procedural delays in the long-pending dispute between RIL and NTPC over gas supply terms. RIL is yet to respond to the exchange query.

Likely market impact

Minimal financial impact as Rs 10 lakh is trivial for RIL. Minor legal overhang but unlikely to move the stock materially.