Reliance Industries trades higher as its FMCG arm signs MoU with Fazer
Reliance Industries is currently trading at Rs. 1410.90, up by 5.70 points or 0.41% from its previous closing of Rs. 1405.20 on the BSE.
The scrip opened at Rs. 1372.05 and has touched a high and low of Rs. 1413.10 and Rs. 1369.00 respectively. So far 1054349 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1611.20 on 05-Jan-2026 and a 52 week low of Rs. 1115.55 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1424.10 and Rs. 1307.00 respectively. The current market cap of the company is Rs. 1908687.60 crore.
The promoters holding in the company stood at 50.01%, while Institutions and Non-Institutions held 39.36% and 10.63% respectively.
Reliance Industries’ FMCG arm -- Reliance Consumer Products (RCPL) has signed a Memorandum of Understanding (MoU) with Finland’s leading foods company Fazer. As part of this evolution, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer’s recipes and high-quality standards nationwide.
The partnership would combine Fazer’s iconic heritage brands, innovative product portfolio, and world’s finest chocolates, with RCPL’s substantial scale and access to nearly 3 million retail outlets across India, as well as deep expertise in the Indian market. Together, the companies could have the potential to build a unique position in India’s chocolate and confectionery market, which is expected to grow rapidly due to rising consumer incomes and organised retail penetration.
