RIL gains 2.5%, hits fresh record high; stock zooms over 100% in 3 months

Shares of Reliance Industries (RIL) hit a fresh all-time high of Rs 1,804, up 2.5 per cent, on the BSE on Monday, having surged 12 per cent in the past three trading sessions as the company become net debt-free ahead of its March 2021 deadline.

In the past three months, the stock price of RIL has zoomed 104 per cent from its March low of Rs 883.85 hit on March 23, as compared to 35 per cent rise in the benchmark S&P BSE Sensex.

Following stellar gains in its share price, RIL became the first Indian firm to achieve the milestone of