According to National Stock Exchange of India Limited (NSE) share price of Reliance industries jumps with 3 to 4% after 52 week. The share price of Reliance industries on Sunday 2630 Indian rupees just after one day it rise with 2738 Indian rupees.
Behind the increase of share price the Reliance industries just announcement of Jio financial service demerge;
Demerge means when a company splits off one or more division to operate independently
Reliance strategic investments which will be renamed as Jio financial service
conclusion
Reason for an increase in reliance’s share price according to stock market experts share rise NCLT approval to demerger of RIL and new NBFC