8% surge in Reliance Industries shares after Facebook acquires stake in company
Shortpedia
Content Team
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Mukesh Ambani's Reliance Industries Limited shares jumped over 8 per cent on Wednesday after Facebook decided to acquire nearly 10% stake in the company. Shares of RIL started rising since early trade after the announcement and touched a high of 8.3 per cent. At around 11:45 am, shares of RIL were trading at Rs 1332.95 or 7.71 per cent higher. Facebook will buy 9.99 per cent stake in Reliance Jio.
