There is some piece of good news for Reliance Shareholders. Know about this good news about the company in this short article.
Introduction:
Stock Price of Reliance Industries (RIL) was up nearly by 3% on Monday 16th August 2021 on BSE in a single-day session. This rise in stock price was on account of the talks with Saudi Aramco which is in advanced talks to acquire some stake in the Oil-to-Chemical Business (O2C) business of Reliance Industries. Let's know more about this deal as we move ahead in this article.
Good News for Reliance Shareholders:
Conclusion:
Looking at the above developing option and presence of organic growth available in the other businesses of Reliance Industries, this stock should be on the investor’s radar. This is not direct investment advice and hence one should consult their financial advisor before making any investment decisions.