Reliance Industries gains over 7% in two-days on talk of gas find

The stock moved higher by 3.5% at Rs 896, extending its previous day's 4% gain on the National Stock Exchange.

Shares of Reliance Industries (RIL) have moved higher by 3.5% at Rs 896, extending its previous day’s 4% gain on the National Stock Exchange (NSE) on reports that the company has discovered massive gas reserves at MJ-1 block in its KG-D6 basin. CLICK HERE TO READ FULL REPORT.

The counter has seen a huge trading activity with a combined 6.67 million shares changed hands till 1514 hours, against an average 4.4 million shares that were traded daily in past two weeks on the NSE and BSE.