Reliance shares touch record high as brother settles their differences
June 20th, 2005 Leave a comment Visited 149 times, 2 so far today
Reliance shares touch record high as brother settles their differences
The boom is back in the market with Reliance touching record levels for their shares in the stock market. Reliance group of industries is the largest private entity in the Indian Inc and the disagreement between the two brothers running the company had created confusion in the market on where Reliance was heading in the coming years.
The shares of the company today rose as much as 6.3% touching a high of 639 rupees in the market. At the end of the trading, it settled down at 630.4. The news of settlement did not just bring smiles on the faces of the share traders but also brought happiness for the millions of shareholders of the company in India.
The settlement sees the elder brother Mukesh Ambani taking control of the refining, oil, gas exploration, and chemicals companies. Younger brother Anil Ambani on his part would be handling cell phones, power, and financial services. Anil also announced plans for big investments in his share of the industries to ensure that the confidence of the shareholders remains in the company.
The news of this investment also helped shares of Reliance Energy and Reliance Capital improve their position in the share market.
|
TechWhack on Facebook
|

January 18th, 2006 at 6:54 pm
I am interested in share market. If you can provide me the details how to go about the same it would be very helpful to me.
April 7th, 2006 at 12:11 pm
i want inverst reliance share how i need this
April 18th, 2006 at 3:14 pm
I would like to know about the reliance shares as to how to proceed further to invest in these shares.
May 12th, 2006 at 8:38 am
I would like to know about the reliance shares as to how to proceed further to invest in these shares.
January 30th, 2007 at 4:21 pm
I would like to invest in share markets, please provide the information about the top marker leaders in share…
March 20th, 2007 at 8:51 pm
I heared about Reliance 10 Rupees Share I am ready to invest mony to Relaince Share Please give to me needed information.
November 18th, 2007 at 8:33 pm
I heared about Reliance 5000 Rupees Share I am ready to invest mony to Relaince Share Please give to me needed information.
December 20th, 2007 at 11:31 pm
hi, want 2 know about te business in shares from RELIANCE……… any person from reliance can aid me in shares pls,,
December 20th, 2007 at 11:32 pm
my mobile no 91-9884161821
December 23rd, 2007 at 7:06 pm
I heared about Reliance 5000 Rupees Share I am ready to invest mony to Relaince Share Please give to me needed information.
January 1st, 2008 at 1:02 pm
I intend to invest some funds to purchase shares espeially with one of the divisions of Reliance . Can any body suggest me to this effect about progressing shares of the company.