Reliance Industries is currently trading at Rs. 1565.50, up by 23.05 points or 1.49% from its previous closing of Rs. 1542.45 on the BSE.
The scrip opened at Rs. 1540.00 and has touched a high and low of Rs. 1568.80 and Rs. 1540.00 respectively. So far 215980 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1,603.24 on 20-Dec-2019 and a 52 week low of Rs. 867.82 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1568.80 and Rs. 1453.00 respectively. The current market cap of the company is Rs. 1060523.02 crore.
The promoters holding in the company stood at 50.07%, while Institutions and Non-Institutions held 38.06% and 11.87% respectively.
Reliance Industries (RIL) has achieved successful closure of India’s largest ever Rights Issue of Rs 53,124.20 crore. It was subscribed approximately 1.59 times, cumulating to an overall commitment of over Rs 84,000 crore. The Rights Issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign. The public portion of the Rights issue was subscribed 1.22 times.
The allotment of equity shares will happen on or about June 10, 2020. The rights shares are expected to be listed on the BSE and NSE on or around June 12, 2020 under separate ISIN.
RIL is India’s largest private sector company. RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services.