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RIL hits new high on closing deals with 4 investors; m-cap above Rs 12 trn

Altogether, Reliance Industries has sold 25.24 per cent stake in Jio Platforms Ltd and raised over Rs 1.18 trillion in the process

Topics
Buzzing stocks | Markets | Reliance Industries Ltd

Chirinjibi Thapa  |  New Delhi 



FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad. Photo: Reuters

Shares of Reliance Industries surged 3.21 per cent to a new lifetime high of Rs 1,938.80 on the BSE on Monday after the company closed deals with four investors to sell a minority stake in Jio Platforms, receiving a total of over Rs 30,062 crore in the process.

That apart, the Mukesh Ambani - controlled company also announced Rs 730 crore investment by Ventures in the digital arm over the weeked.

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First Published: Mon, July 13 2020. 10:39 IST

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