RIL shares soar higher due to latest investments from ADIA
After hitting day’s high of Rs 2,309, company’s shares were trading up by 79.45 or 3.59 per cent at Rs 2,289.80 in the afternoon.
After hitting day’s high of Rs 2,309, company’s shares were trading up by 79.45 or 3.59 per cent at Rs 2,289.80 in the afternoon.
On October 1, Reliance Industries had announced that Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore.
This is the second investment announced in half an hour by Reliance Retail Ventures around midnight, the earlier one being by GIC of Singapore.
This figure excludes the $10.2 billion in strategic investments by Silicon Valley tech giants Google and Facebook.
