29 Apr 2025

Reliance Industries Gains as Board Approves Fundraising of RS 25,000 Crore via Debentures

Shares of Reliance Industries rose in early trade after the company received board approval to raise up to RS 25,000 crore through the issuance of listed, secured/unsecured, redeemable non-convertible debentures on a private placement basis.

The stock is currently trading at RS 1387.20, up 18.70 points or 1.37% from its previous close of RS 1368.50 on the BSE. It opened at RS 1370.35 and has so far touched an intraday high of RS 1392.00 and a low of RS 1370.20. A total of 243,050 shares have changed hands on the counter.

A Group ‘A’ stock with a face value of RS 10, Reliance has seen a 52-week high of RS 1608.95 on July 8, 2024, and a 52-week low of RS 1115.55 on April 7, 2025. Over the past week, the stock has moved between RS 1392.00 and RS 1285.30.

The company’s current market capitalization stands at RS 18,68,820.70 crore. Promoter holding in the company is at 50.11%, while institutions and non-institutional investors hold 38.58% and 11.31%, respectively.

Reliance Industries, India’s largest private sector company, operates across segments including hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and 4G digital services.