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RIL jumps on getting environment clearance for expansion of Dahej petrochemical facility

05 Apr 2017 Evaluate

Reliance Industries is currently trading at Rs. 1390.10, up by 18.90 points or 1.38% from its previous closing of Rs. 1371.20 on the BSE.

The scrip opened at Rs. 1388.00 and has touched a high and low of Rs. 1399.00 and Rs. 1380.80 respectively. So far 142062 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,399.00 on 05-Apr-2017 and a 52 week low of Rs. 925.70 on 23-May-2016.

Last one week high and low of the scrip stood at Rs. 1,399.00 and Rs. 1234.10 respectively. The current market cap of the company is Rs. 445815.25 crore.

The promoters holding in the company stood at 46.48%, while Institutions and Non-Institutions held 34.50% and 19.02% respectively.

Reliance Industries (RIL) has received environment clearance for expansion and debottlenecking of its Dahej petrochemical facility in Gujarat. The estimated cost of the project is Rs 13,250 crore and a budget of Rs 400 crore will be kept aside for environment protection and conservation.

The company is planning to expand its Dahej facility located in Bharuch district in view of erratic supply of feed stock, change in the government’s policy to prioritise domestic supply over industrial sector, adequate supply of Shale gas ethane from the US, besides meeting demand-supply gap of petrochemicals in India.

RIL is an India-based private sector company, with business in energy and materials value chain and in retail and digital services. The company operates in four segments: refining, petrochemicals, oil & gas and organized retail. The refining segment includes production and marketing operations of the petroleum products.

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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