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Reliance Industries gains as its arm adds 17.08 lakh subscribers in December

Reliance Industries is currently trading at Rs. 2431.30, up by 1.65 points or 0.07% from its previous closing of Rs. 2429.65 on the BSE.

google pays rs 33737 crore for 7 73 stake in reliance industries arm
Reliance Industries

The scrip opened at Rs. 2424.95 and has touched a high and low of Rs. 2446.90 and Rs. 2410.60 respectively. So far 87103 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2855.00 on 29-Apr-2022 and a 52 week low of Rs. 2181.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 2463.00 and Rs. 2314.05 respectively. The current market cap of the company is Rs. 1642749.52 crore.

The promoters holding in the company stood at 50.49%, while Institutions and Non-Institutions held 38.90% and 10.61% respectively.

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has added 17,08,844 customers in December 2022. Following this, the company’s total customer base has increased to 42.45 crore with market share of 37.14% in terms of wireless subscribers as on December 31, 2022.

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.