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RIL advances on plan of raising $1 billion through 10-year bonds sale

29 Jan 2015 Evaluate

Reliance Industries (RIL) is currently trading at Rs. 931.55, up by 25.70 points or 2.84% from its previous closing of Rs. 905.85 on the BSE.

The scrip opened at Rs. 906.00 and has touched a high and low of Rs. 934.25 and Rs. 902.00 respectively. So far 274467 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. 794.00 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 909.75 and Rs. 877.45 respectively. The current market cap of the company is Rs. 300207.70 crore.

The promoters holding in the company stood at 45.25 % while Institutions and Non-Institutions held 30.90 % and 20.54 % respectively.

Reliance Industries (RIL) is planning to raise at least $1 billion by selling 10-year bonds to overseas investors. This is the first sale of 10-year bonds by the company in more than a year.

Bank of America-Merrill Lynch, Citibank, HSBC and Standard Chartered are the lead bankers to the issue. Barclays, Deutsche Bank, JP Morgan Chase, Morgan Stanley, Australian and New Zealand Banking Group, BNP Paribas, Credit Agricole CIB and The Royal Bank of Scotland are also involved.

Reliance Industries is India’s largest private sector company, with a consolidated turnover of Rs 4,46,339 crore ($74.5 billion), cash profit of Rs 33,980 crore ($5.7 billion) and net profit of Rs 22,493 crore ($3.8 billion) for the year ended March 31, 2014.

Reliance Industries Share Price

1365.10 21.65 (1.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
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