Reliance Industries stock rises 2% on D-Street, market cap crosses over Rs14 lakh cr

On Thursday, the company's market cap was at Rs13,83,710.25cr at the closing price of Rs2182.70 per piece.

Jun 11, 2021 11:06 IST India Infoline News Service

RIL, Reliance Industries
Reliance Industries (RIL) was the major booster on Dalal Street during Friday's trading session. RIL stock jumped at least 2% with an intraday high of Rs2227.90 per piece on Senex.

At around 10.57 AM, RIL was trading at Rs2216.80 per piece skyrocketing Rs34.10 or 1.6% on Sensex.

At the current market price, the company's market valuation has crossed over Rs14.05 lakh cr.

On Thursday, the company's market cap was at Rs13,83,710.25cr at the closing price of Rs2182.70 per piece.

RIL clarified on dividend for partly paid-up equity shares of the Company upon receipt of First Call. RIL said that the Rs5 paid-up equity shares of the Company will be entitled to a dividend of Rs3.50 per share for the financial year 2020-21.

Further, RIL announced that the Fluidized Catalytic Cracker Unit (FCCU) in our SEZ refinery at Jamnagar had to be taken for an emergency shutdown. The closure took place on June 06, 2021.

RIL said that consequently, some product shipments may get delayed and we are working to minimize the impact on our customers. The unit is being repaired on top priority and is expected to be restarted expeditiously.

However, all other units at the Jamnagar Refining complex are operating normally.

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