Reliance Industries shares hit 52-week high after Abu Dhabi’s Mubadala deal

NEW DELHI: Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala.

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 — its 52-week high. It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.