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Stock Market: Reliance Industries Shares Gain 1%

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NEW DELHI: Shares of Reliance Industries Ltd. traded 0.89 percent up in Tuesday’s trade at 09:21 AM (IST). Around 86,997 shares changed hands on the counter.

The stock opened at Rs 1641.5 and touched an intraday high and low of Rs 1647.85 and Rs 1629.45, respectively, in the session so far. Shares of the company of Reliance Industries Ltd. quoted a 52-week high of Rs 1647.85 and a 52-week low of Rs 867.11.

Total market cap of the Reliance Industries Ltd. stood at Rs 10920 crore at the time of writing this report.

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Saudi Arabia’s wealth fund Public Investment Fund (PIF) is all set to pick up a 2.33 percent stake in Indian oil-to-telecom conglomerate Reliance Industries, for an estimated $1.5 billion, Gulf News reported on Monday citing an unnamed source.

News Source: EconomicTimes

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