This Reliance Group stock has surged 62% in 2 weeks, hit over a 11-yr high

Reliance Industrial Infrastructure rallied 19% to Rs 993.50 on the BSE,trading at its highest level since July 2010.

Shares of Reliance Industrial Infrastructure (RIIL) have moved higher by 19 per cent to Rs 993.50 on the BSE in Wednesday’s intra-day trade. The stock of Reliance Group construction & engineering company was quoting higher for the fourth straight trading day, having rallied 40 per cent during the period.

In the past two weeks, the market price of RIIL has zoomed 62 per cent from levels of Rs 613.85 on November 24, 2021. In comparison, the S&P BSE Sensex was up 0.43 per cent during the same period. The stock was trading at its highest level since July 2010.