Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1395.90
4.00 (0.29%)
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RIL gains as its retail arm to roll out e-commerce marketplace

Date: 15-06-2015

Reliance Industries is currently trading at Rs. 899.55, up by 10.40 points or 1.17% from its previous closing of Rs. 889.15 on the BSE.

The scrip opened at Rs. 893.70 and has touched a high and low of Rs. 904.60 and Rs. 890.00 respectively. So far 192377 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1106.95 on 13-Jun-2014 and a 52 week low of Rs. 796.75 on 30-Mar-2015.

Last one week high and low of the scrip stood at Rs. 910.65 and Rs. 874.00 respectively. The current market cap of the company is Rs. 292088.64 crore.

The promoters holding in the company stood at 45.24% while Institutions and Non-Institutions held 31.38% and 20.15% respectively.

Reliance Industries’ (RIL) subsidiary -- Reliance Retail -- is in the process of rolling out an e-commerce marketplace that will provide a platform to small retailers to sell products online. This platform will provide millions of small retailers with an enhanced supplier base and product range, digital payment capability and supply chain management.

The company is also aggressively pursuing e-commerce route for its existing revenue earners – fashion and lifestyle, grocery and the B2B vertical.