RIL shares jump over 3 per cent after Saudi Arabia’s PIF invests Rs 9,555 crore in Reliance Retail
By
Biju Kumar
NEW DELHI: Shares of Reliance Industries Ltd gained over 3 per cent in early trade on Friday after the company’s retail arm raised Rs 9,555 crore from Public Investment Fund (PIF) of Saudi Arabia.
The market-heavyweight stock jumped 3.37 per cent to Rs 2,021 on the BSE. At the NSE, it rose by 3.32 per cent to Rs 2,020.