Shares of Reliance Industries were trading slightly higher on Thursday, up 0.40% at ₹1,391.40 on the NSE, ahead of the company’s much-anticipated 48th Annual General Meeting (AGM) scheduled for August 29. The stock opened at ₹1,385.90 and moved within a day range of ₹1,381.10 to ₹1,396.60 in early trade.
The AGM, set for 2 PM today, will see Chairman Mukesh Ambani address over 44 lakh shareholders via video conferencing. Investor focus will be on the company’s strategic roadmap across its key businesses, including energy, telecom, and digital services.
Market participants are particularly awaiting updates on Reliance Jio, with speculations around the timeline of its IPO, as well as announcements related to new energy ventures and expansion in retail operations. Given Reliance’s role as one of India’s most influential corporates, any major announcement could set the tone for market sentiment in the coming sessions.
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