Reliance Industries share price rises 1% after THIS update; do you own?
Reliance Industries share price rose over a per cent in Monday’s trading session after the company announced that its step-down wholly-owned subsidiary, Nauyaan Tradings Private Limited (NTPL), has finalised the acquisition of a 74% equity stake in Nauyaan Shipyard Private Ltd (NSPL) from Welspun Corp Limited for ₹382.73 crore.
At 10:47 pm, Reliance Industries shares were trading at ₹1,293.25 apiece on the National Stock Exchange (NSE).
“Nauyaan Tradings Private Limited (NTPL), a step-down wholly owned subsidiary of the company has informed the company that it has today completed the acquisition of a 74 per cent equity stake in Nauyaan Shipyard Private Limited (NSPL) for an aggregate consideration of ₹382.73 crore from Welspun…
