Rapid trend in Reliance Industries' business, shares of the company are continuously getting stronger

Due to high capex and expansion in new areas, Reliance's position looks much better than other business houses. If you are going to invest in the shares of this company today, then check all the details now.

Jun 12, 2023 - 14:40
Rapid trend in Reliance Industries' business, shares of the company are continuously getting stronger

Reliance Industries' share price today June 12, 2023, increased by 0.15%. The stock is currently trading at 2485.55 per share. Investors should closely monitor Reliance's stock price in the coming days and weeks. It is quite possible that the shares will jump even more today.
Reliance Industries Limited (RIL) opened at Rs 2495.05 on BSE. The high level of the stock was 2508.1 and the low level was 2478.05. The market capitalization of RIL stood at 1679152.15 crores. The 52-week high and low for the stock were 2813.75 and 2180, respectively. The stock witnessed a turnover of 169640 shares in BSE volume.
As per current data, the Reliance stock price is 2485.55, showing a net change of 3.65 and an overall change of 0.15 percent. It's important to note that other factors beyond this data point can affect a stock's overall performance.
Reliance shares are currently trading at 2485, up 0.12% from 2481.9 at the previous close. Reliance's stock price is currently Rs 2485 with a net change of 3.1 and a percent change of 0.12. This shows a slight increase in the share price as compared to the previous day.
At market open Reliance stock was trading at 2474.95 with a net change of -6.95 and a percent change of -0.28. This indicates a slight fall in the value of the stock.
Reliance Industries net debt may peak in FY24. The concern is largely over for now, as it suggests a target price of Rs 2,900 for the oil-to-telecom major. Shares of Reliance Industries have declined 3 percent so far this year and 11 percent in the last year. This is just the opposite of the 2023 trend.
When it came up with its last update in March on the share price of Reliance Industries, it was worth a lot of its worst-case scenario. This is a position from where investors are least likely to suffer losses.

Muskan Kumawat Journalist & Writer