Reliance Industries Ltd.

Reliance Industries (RIL) is currently trading at Rs. 991.60, up by 8.00 points or 0.81 % from its previous closing of Rs. 983.60 on the BSE.

The scrip opened at Rs. 985.20 and has touched a high and low of Rs. 991.75 and Rs. 980.00 respectively. So far 79124 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1142.50 on 16-May-2014 and a 52 week low of Rs. 765.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1019.30 and Rs. 971.60 respectively. The current market cap of the company is Rs. 319494.32 crore.

The promoters holding in the company stood at 45.29 % while Institutions and Non-Institutions held 30.85 % and 20.52 % respectively.

Reliance Industries’ telecom arm - Reliance Jio Infocomm (RJIL) is set to launch a $1.5-billion debt issue abroad. In this regard, Reliance Industries has appointed bankers for the issue and the funds will be used by Mukesh Ambani’s company to refinance its costly debt and to roll out telecom and data services.

Reliance Industries is aggressive in borrowing abroad for expansion and to pay off costly local loans.

Reliance Industries, is a Fortune Global 500 company and is the largest private sector company in India. Its activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail, infotel and special economic zones.