Reliance Industries Ltd denies bid for BT

Reliance Industries Ltd has categorically denied any intent to bid for the UK telecoms group, BT, formerly British Telecom, as reported in the article titled 'Reliance Mulling Bid for UK's Telco BT Group' published in The Economic Times dated November 29, 2021.

The article is completely speculative and baseless. The company said in a notification to stock exchanges that it expects greater diligence and verification of facts before publishing such articles.

Shares of Reliance Industries Limited was last trading in BSE at Rs. 2442.50 as compared to the previous close of Rs. 2412.15. The total number of shares traded during the day was 451870 in over 26572 trades.

The stock hit an intraday high of Rs. 2500.00 and intraday low of 2400.00. The net turnover during the day was Rs. 1113337900.00.

Source : Equity Bulls

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RelianceIndustriesLimited INE002A01018 RELIANCE RIL Denial BT