Top Investment Advisory- Reliance Industries extends rally; stock soars over 3% to hit all-time high

Reliance Industries, Money Maker Research, Best Stock Tips, Top Stock Buy Sell, Top Stock Advisory, Nifty Future TipsReliance Industries (RIL) shares up 3% on Wednesday extending its rally on the Exchanges. The stock rose as much as 3.26% to the lifetime high of Rs. 850.15 on BSE today.
Reliance Industries is the only Indian scrip with a market capitalization of over Rs 5.00 lakh crore, as per Tuesday’s close of Rs 823.30.  Today it has added about Rs 15,000 crore in its market capitalization to Rs 5,50,730.25.
Reliance shares have advanced over 50 percent so far in this year and had returned about 62 percent from the last one year. Reliance shares witnessed a spectacular rise in late February on the prospects of fresh cash flows from the company’s telecom business.
Reliance plans to raise Rs 25,000 crore to invest into the group’s disruptive telecom project, which has already seen substantial investments and commitments worth just shy of Rs 2.00 lakh crore.

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