Reliance Industries rises on acquiring 100% stake in Reliance New Energy Battery
Reliance Industries is currently trading at Rs. 1305.05, up by 3.75 points or 0.29% from its previous closing of Rs. 1301.30 on the BSE.
The scrip opened at Rs. 1319.35 and has touched a high and low of Rs. 1319.35 and Rs. 1300.55 respectively. So far 226926 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1608.95 on 08-Jul-2024 and a 52 week low of Rs. 1202.10 on 20-Dec-2024.
Last one week high and low of the scrip stood at Rs. 1325.10 and Rs. 1225.60 respectively. The current market cap of the company is Rs. 1766245.31 crore.
The promoters holding in the company stood at 50.24%, while Institutions and Non-Institutions held 39.05% and 10.71% respectively.
Reliance Industries has acquired 100% equity stake of Reliance New Energy Battery. With this acquisition, Reliance New Energy Battery has become a direct wholly owned subsidiary of the company.
Earlier, the company had received approval from board of directors to acquire 100% equity stake of Reliance New Energy Battery from
Reliance Industries is currently trading at Rs. 1305.05, up by 3.75 points or 0.29% from its previous closing of Rs. 1301.30 on the BSE.
The scrip opened at Rs. 1319.35 and has touched a high and low of Rs. 1319.35 and Rs. 1300.55 respectively. So far 226926 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1608.95 on 08-Jul-2024 and a 52 week low of Rs. 1202.10 on 20-Dec-2024.
Last one week high and low of the scrip stood at Rs. 1325.10 and Rs. 1225.60 respectively. The current market cap of the company is Rs. 1766245.31 crore.
The promoters holding in the company stood at 50.24%, while Institutions and Non-Institutions held 39.05% and 10.71% respectively.
Reliance Industries has acquired 100% equity stake of Reliance New Energy Battery. With this acquisition, Reliance New Energy Battery has become a direct wholly owned subsidiary of the company.
Earlier, the company had received approval from board of directors to acquire 100% equity stake of Reliance New Energy Battery from Reliance New Energy (RNEL), for an aggregate consideration of Rs 1 lakh.
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.
for an aggregate consideration of Rs 1 lakh.
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.
