Shares of Reliance Industries rise as much as 3.1 per cent to Rs 1,385, their highest since April 3. The stock posts biggest intraday per cent gain in over two weeks as the company is scheduled to report March quarter results later in the day.
Saudi Aramco, the world’s biggest oil producer, is in talks to buy a stake in co’s refining and petrochemicals businesses, sources said on Wednesday. The stock is the biggest boost on the broader NSE index.
Reliance Industries was in talks to buy British toy store chain Hamleys, according to media reports. However, Reliance declined to comment.
