Reliance Industries Ltd.

Reliance Industries is currently trading at Rs. 955.70, up by 14.55 points or 1.55% from its previous closing of Rs. 941.15 on the BSE.

The scrip opened at Rs. 945.00 and has touched a high and low of Rs. 958.35 and Rs. 938.55 respectively. So far 312538 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 958.35 on 02-Apr-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. 958.35 and Rs. 881.80 respectively. The current market cap of the company is Rs. 308889.02 crore.

The promoters holding in the company stood at 45.31% while Institutions and Non-Institutions held 29.71% and 21.47% respectively.

Export Development Canada (EDC), Canada's leading financier and insurer of Canadian exporting companies, has decided to provide $500 million financing to Reliance Industries (RIL) as business with Canadian companies grows. This transaction is among the largest financing packages that EDC has ever extended in Asia. EDC has decided to provide the financing in response to the increasing business that RIL has been undertaking with Canadian companies since 2004, when EDC first became one of their financiers. The new financing package will help to diversify RIL's funding sources and extends the maturity profile of its long- term debt in a cost effective manner

Since 2010, RIL has been regularly doing business with approximately 50 Canadian companies. Of these companies, 33% were small- to medium-sized companies. EDC has been actively engaged with RIL for making introductions to Canadian capabilities.

RIL is an oil refining, petrochemicals and upstream (mainly natural gas at present) company. It has two highly complex refineries with combined capacity of 1.24 million barrels per day and domestic proved reserves of 660 million barrel of oil equivalent as at end-March 2013.