Why RIL share rose nearly 7% in last three trading sessions

Why RIL share rose nearly 7% in last three trading sessions


Why RIL share rose nearly 7% in last three trading sessions
RIL stock has gained 6.84% or Rs 137.45 since February 22 when it closed at Rs 2,007.40 on BSE
BusinessToday.In | February 25, 2021 | Updated 18:13 IST
The large cap stock ended 3.84% higher at Rs 2,144.85 today against previous close of Rs 2059.80 on BSE.
Reliance Industries Ltd (RIL) share has risen nearly 7% in last three trading sessions after the Mukesh Ambani-led conglomerate announced the demerger of its O2C (oil-to-chemical) business into a wholly owned subsidiary. The stock has gained 6.84% or Rs 137.45 since February 22 when it closed at Rs 2,007.40 on BSE.
The large cap stock ended 3.84% higher at Rs 2,144.85 today against previous close of Rs 2059.80 on BSE. In today's trade, the stock touched an intraday high of Rs 2,140, rising 3.16% on BSE.

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