Mumbai, September 13 (Patrika English News): Shares of Reliance Industries Ltd (RIL) gained on Friday after its fast-moving consumer goods arm, Reliance Consumer Products Ltd (RCPL), signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up an integrated food and beverages facility at Katol in the state.
At 11:00 am, RIL shares were trading at ₹1,395.20, up 0.85% from the previous close of ₹1,383.50 on the BSE. The stock opened at ₹1,383.50 and touched an intraday high of ₹1,396.10 and a low of ₹1,380.80. Around 4.29 lakh shares were traded on the counter.
Stock Highlights
52-week high: ₹1,551.00 (July 9, 2025)
52-week low: ₹1,115.55 (April 7, 2025)
1-week range: ₹1,396.10 – ₹1,369.00
Market cap: ₹18,87,644.61 crore
Promoter holding: 50.07%
Institutional holding: 39.10%
Non-institutional holding: 10.83%
About the MoU
Under the agreement, RCPL will establish the food and beverages unit, which is expected to begin manufacturing in 2026. The facility will create over 500 direct jobs in the region. The Maharashtra government will support RCPL in securing necessary approvals, clearances, and financial incentives.
Reliance Industries, India’s largest private-sector company, has diverse operations spanning hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, FMCG, and digital services.
My name is Bhupendra Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
Leave a Comment