RIL partly-paid shares frozen at 10% upper circuit, surge 16% in 2 days

RIL fully-paid shares hit a lifetime high of Rs 1,738.95, up 5 per cent, in the intra-day trade today.

Shares of Reliance Industries’ partly-paid (RIL PP) shares were locked in the 10 per cent upper circuit band at Rs 812.90 on the BSE on Friday, having rallied 16 per cent in the past two days, after group chairman Mukesh Ambani said that RIL has become net debt-free company after raising a record Rs 1.69 lakh crore from global investors and a rights issue within two months. RIL PP shares have a face value of Rs 2.5 each.

RIL fully-paid (RIL FP)