RIL shares surge 6% today. What’s driving the rally?

ril shares surge 6 today whats driving the rally

Sumary of RIL shares surge 6% today. What’s driving the rally?:

  • Shares of India’s top valued firm Reliance Industries Ltd (RIL) were trading nearly 6% higher at ₹2,491 apiece on the BSE in Thursday’s trading session as the heavyweight supported markets as the top gainer and helped in the rebound of indices in afternoon deals.
  • Syngas as a fuel ensures supply reliability and helps to reduce energy cost volatility,” said Sonam Srivastava, Founder of Wright Research.
  • After missing two self-imposed deadlines, billionaire Mukesh Ambani’s Reliance Industries shelved a proposed deal to sell stake to Aramco as the Indian firm aims to focus on the new energy business.

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