Reliance Industries shares continue to rally; jump nearly 4% on Monday
Shares of Reliance Industries Ltd continued to move higher on Monday and gained nearly 4 per cent after the company said its subsidiary has acquired majority stake in genomic testing firm Strand Life Sciences Pvt Ltd for Rs 393 crore.
The stock jumped 3.83 per cent to its all-time high of Rs 2,479.85 on the BSE.
At the NSE, it gained 3.83 per cent to its all-time peak of Rs 2,480.
On Friday, the market-heavyweight stock had jumped 4.12 per cent to close at Rs 2,388.25 on the BSE.
Market valuation of Reliance Industries Limited jumped to a record Rs 15 lakh crore on Friday, becoming the first domestic company to attain this historic feat.
