RIL share rises 10% in two sessions; is the stock headed for record high?
Reliance Industries Ltd (RIL) share zoomed for the second straight session today after brokerage Jefferies raised its target price for the market heavyweight. In two sessions, the share has gained over 10%. On Friday, the large cap stock closed 6% higher at Rs 2,094.90 on BSE.
RIL share touched an intraday high of Rs 2,191.5 rising 4.61% on BSE. Reliance Industries stock is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. The share has risen 48% in one year and…
