MUMBAI: Shares of Mukesh Ambani-led Reliance Industries on Monday gained over four per cent, while 
ADA Group firm Reliance Natural Resources tanked 5.48 per cent in the morning trade on the BSE ahead of the hearing of the case in the Supreme Court relating to family gas supply pact. Shares of RIL opened firm on the Bombay Stock Exchange and gained 4.48 per cent to reach Rs 2,020. Meanwhile, RNRL dropped 5.48 per cent to a low of Rs 78.40 within first few minutes of trade. A similar movement was witnessed on the National Stock Exchange where the scrip of RIL rose 4.49 per cent to Rs 2,024, while RNRL dipped to Rs 78.75, down 5.06 per cent.
Anil Ambani group firm RNRL and Mukesh Ambani-led RIL have filed cross-petitions in the Supreme Court challenging the Bombay High Court order and the matter will come up for hearing today. While RNRL wants immediate implementation of the order to get the gas at USD 2.3 per mmBtu, a price 44 per cent lower than the one fixed by the government, RIL says it cannot supply the industry fuel without the consent of government.
ADA Group firm Reliance Natural Resources tanked 5.48 per cent in the morning trade on the BSE ahead of the hearing of the case in the Supreme Court relating to family gas supply pact. Shares of RIL opened firm on the Bombay Stock Exchange and gained 4.48 per cent to reach Rs 2,020. Meanwhile, RNRL dropped 5.48 per cent to a low of Rs 78.40 within first few minutes of trade. A similar movement was witnessed on the National Stock Exchange where the scrip of RIL rose 4.49 per cent to Rs 2,024, while RNRL dipped to Rs 78.75, down 5.06 per cent.For further details visit as : economictimes.indiatimes.com/stocks-in-news-home/RIL-gains-4-pc-RNRL-down-5-pc/articleshow/4797703.cms
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