Shares of Reliance Industries gained nearly 1 per cent in morning trade on Monday after the company announced the acquisition of polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore.
Reliance Industries Gains Nearly 1% On Announcing Pact With Abu Dhabi Oil Refiner ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
Reliance Industries shares rose as much as 0.65% to hit an intraday high of Rs 2,036.
Shares of the country s most valuable company - Reliance Industries - rose as much as 0.65 per cent to hit an intraday high of Rs 2,036 on the BSE ahead of its March quarter earnings due later in the day. On the National Stock Exchange, Reliance Industries shares touched an intraday high of Rs 2,036 and low of Rs 2,002.
During the quarter ended March 2021, Reliance Industries shares declined nearly 1 per cent underperforming the Sensex which rose 3.7 per cent.
Earlier this month, Reliance Industries and BP announced that production has begun at the Satellite Cluster gas field in block KG D6 off the eastern coast. The satellite cluster is second project to come onstream, after R Cluster in December 2020, Reliance Industries said in a regulatory filing to the stock exchanges on Monday.