Reliance Industries inches up as its telecom arm collaborates with Guavus

23 Aug 2019

Reliance Industries is currently trading at Rs. 1248.80, up by 2.30 points or 0.18% from its previous closing of Rs. 1246.50 on the BSE.

The scrip opened at Rs. 1243.00 and has touched a high and low of Rs. 1261.70 and Rs. 1226.80 respectively. So far 216374 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1417.00 on 03-May-2019 and a 52 week low of Rs. 1017.00 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1296.65 and Rs. 1226.80 respectively. The current market cap of the company is Rs. 796189.51 crore.

The promoters holding in the company stood at 47.29%, while Institutions and Non-Institutions held 36.30% and 16.42% respectively.

Reliance Industries' (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has entered into a partnership with California-based Guavus for artificial intelligence (AI) driven data analytics which would help enhance Jio's services to its customers and also address critical service operations.

Guavus' AI-based solutions will provide real-time customer experience analytics, predictive analytics to automate network troubleshooting and key marketing insights to Jio. As a result, Jio will be able to offer superior service to its customers while addressing critical service operations with intelligent automation.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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1913.55 -20.15 (-1.04%) May 12, 18:01
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