Reliance Industries shares are trading at RS. 1292.00, marking a gain of 23.30 points or 1.84% compared to the previous close of RS. 1268.70 on the BSE.

The stock opened at RS. 1325.10 and reached an intraday high and low of RS. 1325.10 and RS. 1290.50, respectively. A total of 6,01,298 shares have been traded so far.

In the BSE 'A' group, the stock with a face value of RS. 10 touched its 52-week high of RS. 1608.95 on July 8, 2024, and its 52-week low of RS. 1202.10 on December 20, 2024. Over the past week, the stock recorded a high of RS. 1325.10 and a low of RS. 1225.60. The company's current market capitalization stands at RS. 17,56,772.65 crore.

Shareholding Pattern:
Promoters hold 50.24% of the company, while Institutions and Non-Institutions account for 39.05% and 10.71%, respectively.

RNEBL Acquisition Details

Reliance Industries' board has approved the acquisition of a 100% equity stake in Reliance New Energy Battery Ltd. (RNEBL) from Reliance New Energy Ltd. (RNEL) for a total consideration of RS. 1 lakh. With this acquisition, RNEBL, previously a step-down subsidiary, will become a direct wholly owned subsidiary.

RNEBL Overview:
Incorporated on January 1, 2025, RNEBL focuses on manufacturing battery cells, packs, containers, and energy storage systems. The company is yet to commence commercial operations.

This acquisition aligns with Reliance's vision to develop advanced energy storage manufacturing capabilities, including those involving Advanced Chemistry Cells.

Reliance Industries at a Glance

Reliance Industries is India's largest private-sector company with diverse operations spanning hydrocarbon exploration, petroleum refining, petrochemicals, retail, and 4G digital services.