Reliance Ind's partly paid shares rally over 100% since listing on June 15

The stock had made a stellar debut with the scrip ending at Rs 698, a 122% premium against the issuance price of Rs 314.25. Coupled with the listing day rally, the stock has zoomed 368% on BSE

Shares of Reliance Industries (RIL), along with its partly paid (RIL PP) shares continued their upward movement with the market price of both these stocks hitting a fresh record high on the BSE on Wednesday. RIL's PP shares hit a new high of Rs 1,469.95, and has more-than-doubled from its closing price of Rs 689 on listing day (June 15, 2020).

RIL's PP shares, with a face value of Rs 2.5 each, were issued as a part of the Rs 53,124-crore rights issue. The stock had made a stellar debut with the scrip ending at Rs 698, a 122 per cent