 "RIL shares gain over 2%; market cap rises by Rs 12,335 crore ahead of fourth quarter earnings"){kind=logo}
New Delhi: Shares of Reliance Industries rose by over 2 percent on Friday, adding Rs 12,335 crore to its market valuation, ahead of its quarterly results to be announced later in the day.
The stock gained 1.99 percent to end at Rs 994.75 on BSE. During the day, it went up 3.62 percent to Rs 1,010.70 - its 52-week high level.
At NSE, shares of the company climbed 2.14 percent to close at Rs 996.30.
Following gain in the stock price, the company’s market valuation soared by Rs 12,335.08 crore to Rs 6,30,185.08 crore.
In terms of equity volume, 10.93 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.
(Disclosure - Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd)
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