At 10:30 am, Reliance Industries shares had been buying and selling greater by 0.8 per cent on the BSE
Reliance Industries shares have gained virtually 1 per cent in early buying and selling on the information that it signed an settlement with Abu Dhabi National Oil Co (ADNOC) to construct a multi-billion-dollar chemical mission in Ruwais. This marks the Reliance Group’s first funding in a greenfield abroad mission. At 10:30 am, Reliance Industries shares had been buying and selling at Rs 2,105, greater by 0.8 per cent, on the BSE.
“This is a significant step in globalising Reliance’s operations, and we are proud to partner with ADNOC in this important project for the region,” Mukesh Ambani mentioned within the assertion.
The deliberate mission at TA’ZIZ Industrial complicated can have a capability to provide 940,000 tonnes of chlor-alkali, 1.1 million tonnes of ethylene dichloride and 360,000 tonnes of PVC on an annual foundation.
Last week, Mr Ambani had introduced the appointment of Saudi Aramco chairman Yasir Al-Rumayyan as a director in Reliance’s board.
The BSE Sensex and NSE Nifty had been buying and selling greater by 0.5 per cent every on the time.
