 "Reliance Industries, Reliance, RIL")
Reliance industries shares hit a new 52-week high on Monday following the board of directors of Reliance Retail approved a plan to reduce equity share capital.
The company made a disclosure to consider paying Rs 1,362 per share to the shareholders towards the capital reduction.
Shares of Reliance Industries surged over 4 per cent in the intra-day deals. The stock opened gap-up and continued to scale higher levels in the early hour.
