Reliance Industries inches up on planning to invest additional Rs 20,000 crore in Bengal in next 3 years
Reliance Industries is currently trading at Rs. 2380.15, up by 1.65 points or 0.07% from its previous closing of Rs. 2378.50 on the BSE.
The scrip opened at Rs. 2372.70 and has touched a high and low of Rs. 2394.75 and Rs. 2372.70 respectively. So far 34536 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,635.17 on 19-Jul-2023 and a 52 week low of Rs. 2,012.14 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 2394.75 and Rs. 2336.85 respectively. The current market cap of the company is Rs. 1611010.56 crore.
The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 38.76% and 10.98% respectively.
Reliance Industries is planning to invest an additional Rs 20,000 crore in Bengal in the next three years for enhancing digital life solutions, augmenting Reliance Retail footprint and on bio-energy. The company has invested close to Rs 45,000 crore in the last few years in the state. The Reliance Foundation will also take up the task of renovating and restoring the iconic Kalighat Temple in Kolkata to regain its original glory.
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.