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RIL advances on plans of raising Rs 10,000 crore through debt in 2014-15

22 May 2014 Evaluate

Reliance Industries (RIL) is currently trading at Rs. 1100.75, up by 22.65 points or 2.10 % from its previous closing of Rs. 1078.10 on the BSE.

The scrip opened at Rs. 1085.90 and has touched a high and low of Rs. 1104.75 and Rs. 1085.00 respectively. So far 136145 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1142.50 on 16-May-2014 and a 52 week low of Rs. 765.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1142.50 and Rs. 1040.00 respectively. The current market cap of the company is Rs. 355581.29 crore.

The promoters holding in the company stood at 45.30 % while Institutions and Non-Institutions held 29.86 % and 21.41 % respectively.

In a bid to finance its capital expenditure, Reliance Industries (RIL) is planning to raise around Rs 10,000 crore by way of debt in 2014-15. The company is implementing several projects both in the manufacturing domain and service sector to continue the tradition of creating significant shareholders’ value. Though, the resolution for fund raising did not elaborate on which of its projects the money would be used.

Further, the company is seeking shareholders’ approval at its 40th AGM on June 18 to authorise the board to raise funds through non-convertible debenture in one or more tranches.

Reliance Industries Share Price

1361.10 7.45 (0.55%)
22-Apr-2026 14:53 View Price Chart
Peers
Company Name CMP
Reliance Industries 1361.10
Indian Oil Corp. 147.50
BPCL 316.25
HPCL 385.60
MRPL 187.55
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