Reliance Industries gains on as its arm launches True 5G services in four districts of Andhra Pradesh

Reliance Industries is currently trading at Rs. 2530.85, up by 6.35 points or 0.25% from its previous closing of Rs. 2524.50 on the BSE.

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True 5G services

The scrip opened at Rs. 2529.00 and has touched a high and low of Rs. 2545.95 and Rs. 2514.35 respectively. So far 52167 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. 2633.60 and Rs. 2493.00 respectively. The current market cap of the company is Rs. 1711762.65 crore.

The promoters holding in the company stood at 50.57%, while Institutions and Non-Institutions held 38.65% and 10.78% respectively.

Reliance Industries’ (RIL) telecom arm — Reliance Jio Infocomm (Jio) has launched True 5G services in four districts of Andhra Pradesh. The 5G services were launched in Tirumala, Visakhapatnam, Vijayawada, and Guntur districts. By December 2023, Jio True 5G services will be made available in every town, taluka, mandalam and village of Andhra Pradesh.

Jio demonstrated the benefits of 5G in the field of healthcare, through Jio Community Clinic medical kit, and the revolutionary AR-VR device, Jio Glass.

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.

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