Reliance Industries Ltd Stock prices august 10 2011

Indonesia stock info Reliance Industries Ltd Stock prices august 10 2011 ; Shares of Reliance Industries Ltd have gone up 2% after reports stated that the company will team up with EIH Ltd to set up hotels in India at an estimated investment of Rs. 7bn, according to a report.

The stock is currently trading at Rs782, up Rs16.95. The stock has hit a high of Rs. 790 and a low of Rs. 778. Total traded quantity on the counter stood at over 1.40 lakh shares.

The report stated that the plan is for a hotel each in Bangalore and Goa, and a set of luxury apartments in Bangalore. RIL had last year picked up 14.8% stake in EIH.

EIH Chairman and Chief Executive P R S Oberoi has reportedly said the property in Bangalore would have 250 rooms, the one in Goa will have 100 rooms and both will be managed by EIH


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