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Reliance Industries moves up as its arm acquires 49% stake in Oval Invincibles

As part of this new partnership, from 2026 both the men’s and the women’s teams will be known as MI London

Reliance Industries is currently trading at Rs. 1542.35, up by 3.35 points or 0.22% from its previous closing of Rs. 1539.00 on the BSE.

The scrip opened at Rs. 1536.05 and has touched a high and low of Rs. 1560.10 and Rs. 1534.95 respectively. So far 512862 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1580.90 on 28-Nov-2025 and a 52 week low of Rs. 1115.55 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 1580.90 and Rs. 1533.10 respectively. The current market cap of the company is Rs. 2084271.44 crore.

The promoters holding in the company stood at 50.01%, while Institutions and Non-Institutions held 39.07% and 10.91% respectively.

Reliance Industries’ wholly owned subsidiary -- Reliance Strategic Business Ventures and Surrey County Cricket Club have entered into partnership for Oval Invincibles franchise in The Hundred. This follows the completion of a deal, which gives the organisations 49% and 51% stakes in the franchise, respectively, transferring ownership from England and Wales Cricket Board. As part of this new partnership, from 2026 both the men’s and the women’s teams will be known as MI London. 

The Oval Invincibles are the most successful team in the history of The Hundred, winning five titles in five years - with the women’s team winning back-to-back titles in the first two years and the men securing three in a row from 2023-25. The men’s team has been the most dominant in global franchise cricket team over the last three years.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.