Reliance Industries trades higher on the BSE

Reliance Industries is currently trading at Rs. 2365.95, up by 8.70 points or 0.37% from its previous closing of Rs. 2357.25 on the BSE.

Reliance Industries

Reliance Industries

The scrip opened at Rs. 2354.95 and has touched a high and low of Rs. 2372.70 and Rs. 2345.55 respectively. So far 46003 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. 2450.00 and Rs. 2345.55 respectively. The current market cap of the company is Rs. 1594102.02 crore.

The promoters holding in the company stood at 50.62%, while Institutions and Non-Institutions held 38.74% and 10.64% respectively.

Jio-bp, a fuel, and mobility joint venture between Reliance Industries and bp, is planning to set up charging network for Mahindra & Mahindra’s (M&M) upcoming e-SUV launches.

Last year, the companies signed an MoU for exploring the creation of EV products and services, alongside identifying synergies in low-carbon and conventional fuels.

Reliance and bp joint venture is aggressively expanding its Jio-bp pulse branded EV charging network by setting up charging facilities at multiple touch points within cities and major highways to ensure smooth intra-city and inter-city commuting for EV owners.

Starting with 16 cities, Jio-bp will install DC fast chargers at the M&M dealership network and workshops across the country. With these chargers being open to the public, the partnership will benefit all stakeholders in the EV value chain.

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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