Reliance Industries shares gain over 1 pc after KKR deal

New Delhi: Shares of Reliance Industries on Friday gained over 1 per cent after it announced the sale of a 2.32 per cent stake in its digital unit to the US-based private equity giant KKR for Rs 11,367 crore. The shares of the country’s most-valued firm rose by 1.28 per cent to Rs 1,458.50 on the BSE.

On the National Stock Exchange (NSE), it gained 1.16 per cent to Rs 1,458.

Reliance Industries on Friday announced the sale of a 2.32 per cent stake in its digital unit to US private equity giant KKR for Rs 11,367 crore, the fifth deal in four weeks that will inject a combined Rs 78,562 crore in the oil-to-telecom conglomerate to help it pare debt.