Reliance Industries is currently trading at Rs. 2731.25, up by 17.80 points or 0.66% from its previous closing of Rs. 2713.45 on the BSE.
The scrip opened at Rs. 2706.65 and has touched a high and low of Rs. 2736.00 and Rs. 2683.20 respectively. So far 455307 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 2761.70 and Rs. 2676.00 respectively. The current market cap of the company is Rs. 1837125.99 crore.
The promoters holding in the company stood at 50.33%, while Institutions and Non-Institutions held 39.24% and 10.43% respectively.
Reliance Industries’ subsidiary -- Reliance Brands’ wholly-owned subsidiary -- Reliance Brands Holding UK (RBL UK) has entered into the agreement with Mothercare plc, a global specialist in products for parents and young children, to form a new joint venture that will own the Mothercare brand and its intellectual property assets related to the regions of India, Nepal, Sri Lanka, Bhutan, and Bangladesh.
Under the agreement, RBL UK will hold a 51% stake in the joint venture, while Mothercare Global Brand will retain the residual 49% interest. RBL UK will acquire the stake for a cash consideration of 16 million pound. This joint venture will act as the franchisor of the Mothercare brand in the specified South Asian regions, unlocking new growth opportunities while leveraging the strengths of both organizations.
Reliance Brands first acquired the rights to the UK-based Mothercare brand for the Indian market in 2018 and currently operates 87 stores across 25 cities, in addition to a strong presence on e-commerce platforms.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1240.60 |
| Indian Oil Corp. | 132.40 |
| BPCL | 283.10 |
| HPCL | 361.00 |
| MRPL | 155.80 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
