Reliance Industries (RIL), after touching a new 52-week low of Rs 1764, closed the day 3.16 per cent higher at Rs 1932.85 on the back of reports that the company will begin production of gas from the D6 block in the KG basin by November-end. The company owns 90 per cent stake in the block.
The firm's estimated initial output is pegged at 15 million standard cubic metres per day (mscmpd), which is expected to increase to 40 mscmpd within three months from the commencement of production. The counter witnessed volumes of 24,34,720 shares vis-à-vis two-week average of 15,65,433 shares.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app