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Reliance shares rise after demerger announcement
short by Ambarish Awale / on Monday, 24 October, 2022
Shares of Reliance Industries rose by 0.8% at ₹2,483.6 during the special muhurat trading session on October 24 after the company said that it will demerge and list its financial services business under Jio Financial Services. On October 21, RIL announced that shareholders will get one share of Jio Financial Services for each share they held in the company.
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