RIL shares scale new record, as D-Street tries to second-guess what’s in store at July 15 AGM

Mumbai: Hopes are running high as the market is building up for Reliance Industries’ (RIL NSE -1.48 %) annual general meeting (AGM) on Wednesday, July 15, after the country’s most-valued firm has had a year of stellar deal announcements since the last AGM.

Shares of the energy-to-telecom conglomerate traded at a new record high of Rs 1,932 on Monday.

RIL watchers say after a slew of big-bang announcements over the past few months, the AGM may just focus on the path ahead. The company management is widely expected to give more updates on the status of some of the