Reliance Industries rises with its telecom arm adding 80.82 lakh subscribers in April

Mumbai : Reliance Industries is currently trading at Rs. 1267.30, up by 4.65 points or 0.37% from its previous closing of Rs. 1262.65 on the BSE. The scrip opened at Rs. 1262.00 and has touched a high and low of Rs. 1270.00 and Rs. 1254.35 respectively. So far 32859 shares were traded on the counter. The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1417.00 on 03-May-2019 and a 52 week low of Rs. 941.35 on 28-Jun-2018.

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Last one week high and low of the scrip stood at Rs. 1301.15 and Rs. 1254.35 respectively. The current market cap of the company is Rs. 800398.69 crore. The promoters holding in the company stood at 47.27%, while Institutions and Non-Institutions held 36.25% and 16.29% respectively. Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has added 80,82,383 customers in April 2019. Following this, the company’s total customer base has increased to 31.48 crore with market share of 27.08%.

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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.