Tuesday in the stock market, the share price of Reliance Industries traded a little dull on BSE. 28th August held Reliance Industry Ltd’s 46th Annual General Meeting. The next day stock opened at ₹2,447 against the previous close of ₹2,442.55 but fell 1.4% to ₹2,408.45 during the trading session.
In the AGM of Reliance Industry Ltd, the chairman and managing directors said that the company’s plan is to expand the business in technology, retail, and financial space. They are creating a stable roadmap in different sectors that will benefit them in the future.
Reliance Industry Ltd. board recommended the appointment of Isha Ambani, Akash Ambani, and Anant Ambani to the Board of Directors.
At the meeting, Mukesh Ambani said,
“I shall especially mentor them. I shall perform duties as Chairman and Managing Director of Reliance Industries for 5 more years”.
Some market experts said that the reason for the fall of Reliance Industries’ stock price is the IPO of Reliance Retail and JIO. In the previous session, the stock fell 1.11% on BSE after companies AGM.
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