Reliance Industries rises as its arm launches True 5G services in Jammu and Kashmir
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Reliance Industries is currently trading at Rs. 2337.80, up by 15.85 points or 0.68% from its previous closing of Rs. 2321.95 on the BSE.
The scrip opened at Rs. 2342.20 and has touched a high and low of Rs. 2342.20 and Rs. 2325.25 respectively. So far 19174 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2855.00 on 29-Apr-2022 and a 52 week low of Rs. 2181.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 2395.60 and Rs. 2314.75 respectively. The current market cap of the company is Rs. 1571029.98 crore.
The promoters holding in the company stood at 50.49%, while Institutions and Non-Institutions held 38.90% and 10.61% respectively.
Reliance Industries’ subsidiary -- Reliance Jio Infocomm has launched its True 5G services in Union Territory of Jammu and Kashmir by launching its 5G services in Jammu and Srinagar. Starting February 28, 2023, the technological advantages of high-speed internet, low-latency, standalone True 5G services shall be made available to the people and businesses of these cities.
The transformational benefits of Jio True 5G and the application of this immersive technology in the fields of healthcare, education, and other key sectors of importance for India was demonstrated at the launch event. A glimpse of the generational advancement that will be seen in these areas was showcased through the revolutionary AR-VR deviceJio Glass.
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.
