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Reliance Industries gains on plan to invest Rs 2.5 lakh crore in digital space

02 Jul 2015 Evaluate

Reliance Industries is currently trading at Rs 1014.70, up by 8.95 points or 0.89% from its previous closing of Rs 1005.75 on the BSE.

The scrip opened at Rs. 1007.05 and has touched a high and low of Rs. 1019.95 and Rs. 1007.05 respectively. So far 176051 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1049.90 on 09-Sep-2014 and a 52 week low of Rs 796.75 on 30-Mar-2015.

Last one week high and low of the scrip stood at Rs 1013.80 and Rs 972.60 respectively. The current market cap of the company is Rs 328822.23 crore.

The promoters holding in the company stood at 45.24% while Institutions and Non-Institutions held 31.38% and 20.15% respectively.

Reliance Industries (RIL), India’s largest private sector company, is planning to invest Rs 2.5 lakh crore in the digital space, including rollout of wireless broadband infrastructure and manufacturing of mobile handsets. The company’s investments in digital space will create employment for over 5 lakh people.

The company’s telecom arm - Reliance Jio Infocomm (RJio) is also setting up a new nationwide distribution network that will enable over 150,000 small electronic retailers to sell and service smartphones and Internet devices. The company is also working with device manufacturers, encouraging them to make in India smartphones and internet devices at an affordable price.

Reliance Industries (RIL) is India’s largest private sector company, with a consolidated turnover of Rs 3,88,494 crore ($62.2 billion), cash profit of Rs 36,291 crore ($5.8 billion) and net profit of Rs 23,566 crore ($3.8 billion) for the year ended March 31, 2015.  RIL is the first private sector company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ and continues to be featured for the 11th consecutive year, currently ranking 114th in terms of revenues and 155th in terms of profits.

Reliance Industries Share Price

1435.70 0.00 (0.00%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1435.70
Indian Oil Corp. 144.70
BPCL 302.85
HPCL 387.00
MRPL 167.90
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