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Reliance Industries is currently trading at Rs. 2920.55, up by 49.25 points or 1.72% from its previous closing of Rs. 2871.30 on the BSE.
The scrip opened at Rs. 2872.90 and has touched a high and low of Rs. 2930.75 and Rs. 2872.90 respectively. So far 16692 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3024.80 on 04-Mar-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 2930.75 and Rs. 2796.60 respectively. The current market cap of the company is Rs. 1942752.88 crore.
The promoters holding in the company stood at 50.31%, while Institutions and Non-Institutions held 39.24% and 10.45% respectively.
Reliance Industries (RIL) has entered into a technology licensing agreement with Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA. The agreement provides RIL with an exclusive license for Nel’s alkaline electrolysers in India and also allows RIL to manufacture Nel’s alkaline electrolysers for captive purposes globally.
Through the agreement, Reliance gets access to Nel’s leading, proven technology platform for manufacturing electrolysers. RIL has successfully built multiple businesses of truly global scale. This partnership of Nel’s robust technology platform with RIL’s execution prowess – will further add to the success story for both partners.
Both partners will also collaborate on future performance improvements and cost optimization through research and development (R&D), value engineering, standardization and modularization to improve the competitiveness of the alkaline technology platform. According to the agreement, Nel can procure equipment from Reliance for its own projects. Nel will continue to serve the Indian market with technology platforms that are not covered by the agreement.
Reliance Industries (RIL) 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.
| Company Name | CMP |
|---|---|
| Reliance Industries | 2954.55 |
| Indian Oil Corp. | 170.30 |
| BPCL | 626.80 |
| HPCL | 536.25 |
| MRPL | 215.15 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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