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FIIs hike stake in Reliance Industries to 25.2%

22 Oct 2020 Evaluate

Foreign institutional investors (FIIs) have raised stake in Reliance Industries to a record 25.2% in the quarter ended September 30, 2020. FII holding 165.8 crore shares or 25.2% of the total shareholding. In the previous quarter ended June 30, foreign investors held 163.07 crore shares of 24.72%.

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.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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