Reliance Industries Ltd (RIL) reached a fresh record high on February 2, with the stock surging over 2.5%. At the time of writing, the stock was trading at ₹2909.05 which is a 1.95% increase from the previous close. Its current market capitalization stands at ₹19.7 lakh crore.
The stock witnessed a significant upswing in January, rising approximately 11%, marking its most substantial monthly increase since March 2022. Despite the stock’s rise, there have been no recent developments regarding potential listings of RIL’s retail or telecom divisions.
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