RIL surges nearly 14 pc in six sessions

Image
Press Trust of India Mumbai
Last Updated : Jun 19 2015 | 8:32 PM IST
Shares of Reliance Industries have extended rally for the sixth consecutive session, surging nearly 14 per cent.
In six trading days, the stock gained 13.6 per cent. During this period, the company's market valuation rose by Rs 38,677 crore to Rs 3,22,511.06 crore.
Shares of the blue-chip company today ended at Rs 996.50, up 1.78 per cent on the BSE. In intra-day trade, it gained 2.75 per cent to Rs 1,006.
At the NSE, shares of RIL went up by 1.8 per cent to end at Rs 996.65.
Surge in the stock was significant in sending the benchmark Sensex higher by 200.34 points to close at 27,316.17.
Reliance Industries (RIL) will start commercial operations of its much-awaited 4G telecom services in December, offering a 4G smartphone for as low as Rs 4,000 and a monthly bill of Rs 300-500.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jun 19 2015 | 8:32 PM IST

Next Story