RIL’s bull run continues, hits Rs 2,000/share for first time

Shares of Reliance Industries (RIL) surged to a brand new excessive on Wednesday, as they crossed the Rs 2,000-mark for the primary time. RIL shares touched an all-time excessive of Rs 2,010 per share.

They’re at present buying and selling on the BSE at Rs 1,996, increased by Rs 24.15 or 1.22 per cent from its earlier shut. Prior to now three months RIL’s inventory worth has grown round 48 per cent.

The surge has been largely on the again of the investments coming in from world marquee traders into Jio Platforms.

Jio Platforms has obtained a complete funding of Rs 1,52,056 crore previously three months from monetary and strategic traders, with Google being the most recent investor to pitch in with Rs 33,737 crore.

On Wednesday, the corporate in a regulatory submitting stated that the assembly of its Board to contemplate and approve the standalone and consolidated monetary outcomes for the quarter ended June 30 might be held on Thursday, July 30, 2020 as an alternative of July 24.

The post RIL’s bull run continues, hits Rs 2,000/share for first time appeared first on NorJoe.



from NorJoe https://www.norjoe.com/rils-bull-run-continues-hits-rs-2000-share-for-first-time/
Tilly Vaughan

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