Relianceindustries gains on getting nod to raise funds worth Rs 25,000 crore
Reliance Industries is currently trading at Rs. 1387.20, up by 18.70 points or 1.37% from its previous closing of Rs. 1368.50 on the BSE.
The scrip opened at Rs. 1370.35 and has touched a high and low of Rs. 1392.00 and Rs. 1370.20 respectively. So far 243050 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. 1115.55 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1392.00 and Rs. 1285.30 respectively. The current market cap of the company is Rs. 1868820.70 crore.
The promoters holding in the company stood at 50.11%, while Institutions and Non-Institutions held 38.58% and 11.31% respectively.
Reliance industries has received approval for raising of funds through issuance of listed, secured/unsecured, redeemable non-convertible debentures up to Rs 25,000 crore in one or more tranches, on private placement basis. The Board of Directors of the company in its meeting held on April 25, 2025, has approved the same.
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.
