Reliance Industries strength lies in its ability to build businesses on a global scale and execute complex, time-critical, and capital-intensive projects, said Nuvama.
RIL Q4 Results preview: Clarity on the Rs 75,000 crore worth of announcements in the new energy business, growth in retail store additions, and any pricing action in telecom will be the key monitorables.
RIL shares surged 3.40% to a record high of Rs 2,949.90 against the previous close of Rs 2,852.70 on BSE. The stock fell to its 52-week low of Rs 2012.14 on March 20, 2023.
India Business News: Reliance Industries (RIL) saw its shares surge over 5% on Monday, reaching a new 52-week high. The company's market capitalisation also crossed the threshold of Rs 19 lakh crore.