Pradeep Dadha, Founder & CEO, Netmeds.com on stake sale to RIL

"As a third-generation entrepreneur, I have the greatest admiration for Reliance, the biggest global Indian brand and a multinational conglomerate, which has the welfare of every Indian at the heart of its operations. It is indeed a proud moment for Netmeds to join Reliance family and work together to make quality healthcare affordable and accessible to every Indian. With the combined strength of the group's digital, retail and tech platforms, we will strive to create more value for everyone in the ecosystem, while providing a superior Omni Channel experience to consumers. In the coming years, we will cover many more cities, serve many more customers, expand to many more categories and work to fulfil the 'Make in India' dream."

Shares of RELIANCE INDUSTRIES LTD. was last trading in BSE at Rs.2118.75 as compared to the previous close of Rs. 2091.45. The total number of shares traded during the day was 642400 in over 32483 trades.

The stock hit an intraday high of Rs. 2132.9 and intraday low of 2082.95. The net turnover during the day was Rs. 1361381146.

Source : Equity Bulls

Keywords