Shares of Reliance Industries (RIL) rose by almost 3% in early deals on Monday, 22 June, looking set to snap their two-day losing run after several prominent brokerages retained their positive view about the stock, highlighting AI, FMCG, and New Energy will be the growth drivers of the company even as the company has started the prcocess to launch Jio Platforms IPO in the near future.
Reliance share price opened at ₹1,324.90 against its previous close of ₹1,309.35 and climbed 2.76% to an intraday high of ₹1,345.45.
Jio Platforms filed its draft red herring prospectus (DRHP) with the market regulator SEBI on Friday, 19 June. Jio IPO could become India’s largest-ever public issue, with a size of around ₹37,700 crore.
(This is a developing story. Please check back for fresh updates.)
