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Reliance Industries moves up as its arm launches True 5G services in Indore, Bhopal

30 Dec 2022 Evaluate

Reliance Industries is currently trading at Rs. 2562.50, up by 19.95 points or 0.78% from its previous closing of Rs. 2542.55 on the BSE.

The scrip opened at Rs. 2547.00 and has touched a high and low of Rs. 2566.70 and Rs. 2545.35 respectively. So far 18459 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2855.00 on 29-Apr-2022 and a 52 week low of Rs. 2181.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 2566.70 and Rs. 2493.00 respectively. The current market cap of the company is Rs. 1720287.81 crore.

The promoters holding in the company stood at 50.57%, while Institutions and Non-Institutions held 38.65% and 10.78% respectively.

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has launched its True 5G services in Indore and Bhopal. With the launch, Reliance Jio has become the first and the only operator in Madhya Pradesh (MP) to launch 5G services in the city of Indore and Bhopal.

Indore and Bhopal are important destinations in MP with special focus on education, tourism and industrial growth. With the launch of Jio’s True 5G services, consumers will not just get the best telecommunication network but will also get infinite growth opportunities in the areas of e-governance, education, automation, Artificial Intelligence, gaming, healthcare, agriculture, IT, and SMEs.

As the leading operator in MP, Jio has invested Rs 4,420 crore for the deployment of its True 5G network in MP, which is 68% of the total 5G spectrum investment by the industry. Jio is the only company that has deployed its Standalone True 5G network which has zero dependency on 4G network. With Standalone True 5G, Jio can deliver new and powerful services such as low latency connectivity, massive machine-to-machine communication, 5G voice, edge computing and network slicing.

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.

Reliance Industries Share Price

1363.25 9.60 (0.71%)
22-Apr-2026 11:31 View Price Chart
Peers
Company Name CMP
Reliance Industries 1363.25
Indian Oil Corp. 147.60
BPCL 315.35
HPCL 384.20
MRPL 187.70
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