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Reliance Industries spurts as its arm plans to develop electronics manufacturing hub in Haryana

15 Mar 2016 Evaluate

Reliance Industries is currently trading at Rs 1021.00, up by 2.45 points or 0.24% from its previous closing of Rs. 1018.55 on the BSE.

The scrip opened at Rs. 1021.00 and has touched a high and low of Rs. 1026.95 and Rs. 1016.00 respectively. So far 158023 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1089.50 on 15-Jan-2016 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. 1045.00 and Rs. 1006.00 respectively. The current market cap of the company is Rs. 330961.50 crore.

The promoters holding in the company stood at 46.66% while Institutions and Non-Institutions held 32.99% and 20.34% respectively.

Reliance Industries’ wholly-owned subsidiary Model Economic Township is planning to develop an electronics manufacturing hub and footwear park at Jhajjar in Haryana. In this regard, the company will invest Rs 1,300 crore.

Model Economic Township is also expecting that the electronic hub and footwear park would attract a further investments of Rs 2,600 crore from units to be established inside it while generating about 20,000 employment opportunities.

Further, the firm has signed two memorandum of understanding (MOUs) with the Haryana government at the Happening Haryana global investors summit to develop 450-acre electronic manufacturing clusters and 500-acres footwear park. The proposed electronic hub and footwear park is part of 8,000 acre industrial town being developed by the company.

Reliance Industries Share Price

1468.10 3.95 (0.27%)
06-May-2026 09:26 View Price Chart
Peers
Company Name CMP
Reliance Industries 1468.10
Indian Oil Corp. 144.35
BPCL 305.20
HPCL 381.60
MRPL 154.95
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