Reliance Industries is currently trading at Rs. 2356.00, up by 33.25 points or 1.43% from its previous closing of Rs. 2322.75 on the BSE.
The scrip opened at Rs. 2325.20 and has touched a high and low of Rs. 2357.15 and Rs. 2324.00 respectively. So far 48937 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. 2370.80 and Rs. 2293.10 respectively. The current market cap of the company is Rs. 1592714.99 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 is seeking a minimum $12.75 per million British thermal unit for coal bed methane (CBM) from a block in Shahdol district of Madhya Pradesh. Reliance has sought bids for sale of 0.65 million standard cubic meters per day from CBM block SP (West)-CBM-2001/1 for one year beginning April 1, 2023.
In March last year, Reliance sold CBM gas from the Madhya Pradesh block at a big premium to firms, including GAIL, GSPC and Shell. Reliance had sold 0.65 mmscmd of gas from block SP-(West)-CBM-2001/1 at a $8.28 premium over prevailing Brent crude oil prices. The firm had sought bids at a premium over the base of 13.2 per cent of Brent crude oil prices.
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.