Shares of Reliance Industries (RIL) are trading nearly 1%, or Rs 8.6, higher on the National Stock Exchange (NSE) at 9:30am ahead of the company’s 41st Annual General Meeting (AGM) in Mumbai today.
According to news reports, Mukesh Ambani-controlled RIL, could use the company's 41st annual general meeting to announce plans for telecom subsidiary Reliance Jio Infocomm.
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That apart, investors would also keep a tab on annoucements relating to the retail e-commerce business and management speak on gas price from ultra-deep blocks.
The stock opened at Rs 879 on the NSE and touched a high of Rs 888 in intra-day deals.