Shares of Reliance Industries (RIL) continued their northward movement to hit an over seven-month high of Rs 2,250, up 2.2 per cent, on the BSE in intra-day trade on Thursday amid expectations of a good operational performance going forward.
The stock was quoting higher for the seventh straight trading day. It has rallied 15 per cent during this period. The scrip was quoting at its highest level since October 15, 2020. It had hit a record high of Rs 2,368.80 on September 16, 2020.
RIL is India’s one of the largest conglomerate with its foray in oil refining & marketing, oil