RIL gains on commissioning world’s largest refinery off-gas cracker at Jamnagar

Reliance Industries Ltd. | Refineries | Oil & Gas | BSE: 500325 | NSE: RELIANCE

03 Jan 2018 Evaluate

Reliance Industries (RIL) is currently trading at Rs. 923.00, up by 11.60 points or 1.27% from its previous closing of Rs. 911.40 on the BSE.

The scrip opened at Rs. 924.45 and has touched a high and low of Rs. 927.20 and Rs. 921.95 respectively. So far 14,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 959.00 on 24-Nov-2017 and a 52 week low of Rs. 507.03 on 23-Jan-2017.

Last one week high and low of the scrip stood at Rs. 934.20 and Rs. 907.25 respectively. The current market cap of the company is Rs. 5,84,867.00 crore.

The promoters holding in the company stood at 47.55%, while Institutions and Non-Institutions held 35.52% and 16.94% respectively.

Reliance Industries (RIL) has successfully commissioned and achieved design throughput of the world’s first ever and largest Refinery Off-Gas Cracker (ROGC) complex of 1.5 MMTPA capacity along with downstream plants and utilities. The ROGC complex is a core component of RIL’s most innovative and world-scale J3 project at its integrated Refinery-Petrochemicals complex at Jamnagar.

With the commissioning of ROGC complex, the largest ever expansion of RIL’s petrochemicals portfolio comes to a flawless completion. This is one of the largest capital expenditure programme globally in the sector in recent times.

The ROGC complex has a unique configuration as it uses off-gases from RIL’s two refineries at Jamnagar as feedstock. This innovative approach of integration with refineries provides a sustainable cost advantage, making ROGC competitive with respect to the crackers in Middle East and North America which have feedstock cost advantage.

RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Reliance Industries Share Price

1437.85 -26.30 (-1.80%)

06-May-2026 15:47 View Price Chart

Peers

Company Name	CMP
Reliance Industries	1437.85
Indian Oil Corp.	148.15
BPCL	314.15
HPCL	399.40
MRPL	156.85
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