Shares of Reliance Industries climbed as much as 5% in early trade on Friday, after the country's most valuable company topped quarterly profit estimates on strong demand in its retail and telecom units.

Results: Reliance Industries posted Q3 profit at Rs 21,804 crore, up 11.88 per cent as against Rs 19,488 crore during the same quarter of previous financial year.

Reliance Industries Ltd on Thursday (January 16) reported a 7.4% rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose.

Shares of Reliance Industries Ltd on Friday ended nearly 3 per cent higher after the firm reported a 7.4 per cent rise in the December quarter net profit. The bellwether stock ended at Rs 1,301.30 apiece, up 2.57 per cent on the BSE. During the day, it jumped 4.44 per cent to Rs 1,325.10.

Reliance Industries on Thursday reported a better-than-expected third-quarter profit, helped by strong performance across its energy, retail and digital services segments.

Reliance Industries Ltd. 500325 shares rose 1.31% to 1,268.70 Indian rupees Thursday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.

Reliance Industries Limited (RIL) on Thursday reported a 7.4 per cent rise in its December quarter profit, PTI quoted the company filing. The company reported a consolidated net profit of ₹18,540 crore,