Reliance Industries surges after its telecom arm launches UPI autopay in collaboration with NPCI
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Reliance Industries is currently trading at Rs. 2444.00, up by 27.40 points or 1.13% from its previous closing of Rs. 2416.60 on the BSE.
The scrip opened at Rs. 2436.00 and has touched a high and low of Rs. 2457.65 and Rs. 2426.95 respectively. So far 145883 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2750.00 on 19-Oct-2021 and a 52 week low of Rs. 1830.00 on 29-Jan-2021.
Last one week high and low of the scrip stood at Rs. 2476.30 and Rs. 2364.95 respectively. The current market cap of the company is Rs. 1655334.26 crore.
The promoters holding in the company stood at 50.61%, while Institutions and Non-Institutions held 38.79% and 10.60% respectively.
Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio), in partnership with the National Payments Corporation of India (NPCI), has launched autopay facilities for millions of UPI and Jio users, making the telecom giant the first player in its industry to integrate with this unique e-mandate feature.
This feature, namely the UPI autopay, would allow Jio customers to set standing instructions on the MyJio app for a hassle-free recharging experience and allow them to seamlessly enjoy their favourite tariff plans.
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.
