Reliance Industries Ltd.

Reliance Industries is currently trading at Rs. 2269.00, up by 57.85 points or 2.62% from its previous closing of Rs. 2211.15 on the BSE.

The scrip opened at Rs. 2275.00 and has touched a high and low of Rs. 2276.50 and Rs. 2242.90 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2368.80 on 16-Sep-2020 and a 52 week low of Rs. 867.45 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2336.55 and Rs. 2201.35 respectively. The current market cap of the company is Rs. 1495187.95 crore.

The promoters holding in the company stood at 50.37%, while Institutions and Non-Institutions held 38.54% and 11.10% respectively.

Global investment firm KKR is planning to invest Rs 5,550 crore into Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore. KKR’s investment will translate into a 1.28% equity stake in RRVL on a fully diluted basis. This marks the second investment by KKR in a subsidiary of Reliance Industries, following a Rs 11,367 crore investment in Jio Platforms announced earlier this year.

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.