Reliance Group stocks surge over 10% in early trade
Avalokita Pandey / 03 Feb 2017
The stock of Reliance Group companies, headed by Anil Ambani are gaining ground during pre-afternoon hours on Friday's trading session. The scrip opened the day at Rs 34.35 and touched a high and low of Rs 40 and Rs 34.35, respectively, in the first hour of trade.
The stock of Reliance Group companies, headed by Anil Ambani are gaining ground during pre-afternoon hours on Friday's trading session. The scrip opened the day at Rs 34.35 and touched a high and low of Rs 40 and Rs 34.35, respectively, in the first hour of trade.
The share of Reliance Communications zoomed over 10 per cent, as there was speculation in the market that Norway’s Telenor has approached Aircel and Reliance Communications to explore a merger via share exchange.
In November, the Reliance Communications had added 1,56,187 customers to its family.
Other Reliance group stocks like Reliance Power is up by 2.66 per cent, Reliance Defence and Engineering is up by 1.03 per cent and Reliance Capital is up by 4.25 per cent.
Reliance Capital will announce its financial results for the quarter ended December 31, 2016 on February 10.
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