58 EUR
0.2
0.34%
Last update Dec 15, 8:13 AM CET
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Day range
58
58
Previous close
58.20000
Open
58
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Reliance Industries Ltd. (Sponsored GDR 144A)
58.00
0.20
0.34%

Overview

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Description

Reliance Industries Ltd. (Sponsored GDR 144A) is a type of financial security called a Global Depositary Receipt (GDR), which allows investors outside of India to invest in the company without directly dealing with the Indian stock market. These GDRs are listed on international exchanges, specifically designed for investors in the United States under rule 144A, offering them a convenient way to gain exposure to Reliance Industries. The company is a massive conglomerate based in India, with operations spanning sectors such as petrochemicals, refining, oil and gas exploration, telecommunications, and retail. It plays a pivotal role in the Indian economy and impacts numerous industries through its extensive and diverse business ventures. The GDR issuance demonstrates Reliance's strategy to attract a broader investor base and enhance its global presence. With its substantial influence and strategic expansions, Reliance Industries Ltd. remains a vital player in both domestic and international markets, driving innovation and growth in energy, technology, and consumer sectors.

About

CEO
Employees
403303
Address
Maker Chambers IV
3rd Floor 222 Nariman Point
Mumbai, 400021
Phone
91 22 3555 5000
Website
Instrument type
Depositary receipt
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Country
Germany
MIC code
XBER
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