Reliance Industries surges after its arm launches True 5G services in 41 additional cities
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Reliance Industries is currently trading at Rs. 2282.00, up by 11.95 points or 0.53% from its previous closing of Rs. 2270.05 on the BSE.
The scrip opened at Rs. 2280.10 and has touched a high and low of Rs. 2291.30 and Rs. 2272.00 respectively. So far 189033 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. 2180.00 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 2291.30 and Rs. 2180.00 respectively. The current market cap of the company is Rs. 1543560.04 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 41 additional cities across 16 states and union territories. Jio is tirelessly working towards India’s digital transformation and is the first telecom operator to extend futuristic and pioneering True 5G services in most of these cities.
Though Jio is rapidly rolling out its advanced True 5G services, being a customer-obsessed organization, it extends True 5G to a new city only when the city is substantially covered by its True 5G network, to ensure the best customer experience. Jio True 5G is already being experienced by millions of users across hundreds of cities, the response to which is yet again a global milestone. Customer insights and feedback is helping Jio build, what is, and will be, the most advanced 5G network globally.
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.
