Reliance Natural Resources Ltd (RNRL) shares rose 24.11 per cent to Rs 108.35 after the Bombay High Court ruling upholding the company’s plea against RIL over a gas dispute. The court asked RIL to supply 28 mmscmd gas to RNRL at $2.34 per mmBtu for 17 years.
The stock made an intra-day high of Rs 112.25 and a low of Rs 86.85. Trading volumes stood at around 100 million shares vis-a-vis the stock’s two-week average of 20 million. The stock has gained 88 per cent in the last one month.
