Reliance Industries is currently trading at Rs. 1779.95, up by 19.40 points or 1.10% from its previous closing of Rs. 1760.55 on the BSE.
The scrip opened at Rs. 1781.05 and has touched a high and low of Rs. 1785.65 and Rs. 1772.05 respectively. So far 73268 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1804.10 on 22-Jun-2020 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. 1785.65 and Rs. 1696.00 respectively. The current market cap of the company is Rs. 1190489.44 crore.
The promoters holding in the company stood at 50.07%, while Institutions and Non-Institutions held 38.06% and 11.87% respectively.
Intel Capital is planning to invest Rs 1,894.50 crore in Jio Platforms, a wholly-owned subsidiary of Reliance Industries, at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Intel Capital’s investment will translate into a 0.39% equity stake in Jio Platforms on a fully diluted basis. Intel Capital joins the list of marquee firms who have recently invested in Jio Platforms, taking the total investment amount to Rs 117,588.45 crore.
Intel Capital invests globally in innovative companies with a focus on disruptive technology areas like cloud computing, artificial intelligence and 5G – opportunities where Jio is also innovating and investing for growth.
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
