Reliance Industries Ltd.

Reliance Industries (RIL) is currently trading at Rs. 1442.30, up by 19.60 points or 1.38% from its previous closing of Rs. 1422.70 on the BSE.

The scrip opened at Rs. 1427.20 and has touched a high and low of Rs. 1445.90 and Rs. 1427.00 respectively. So far 1,25,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1465.00 on 25-Apr-2017 and a 52 week low of Rs. 932.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1445.90 and Rs. 1372.10 respectively. The current market cap of the company is Rs. 4,68,940.00 crore.

The promoters holding in the company stood at 46.32%, while Institutions and Non-Institutions held 34.57% and 19.12% respectively.

RIL’s telecom arm - Reliance Jio Infocomm (Jio) is reportedly planning to launch its 4G VoLTE feature phone by this month. The price of the phone could be as low as Rs 500.

The phone is expected to be launched at the RIL’s annual general meeting scheduled for July 21. A new tariff plan is also likely as the current Dhan Dhana Dhan offer will end by this month.

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.