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RIL sells treasury shares worth Rs 25.75bn on Years First Day

Posted on: January 4th 2010 in Stock News.

Shares of RIL slipped by 2% to Rs1069, the stock had hit an intra-day low of Rs1021 in early trades. Reliance Industries shares hogged the limelight on the first day of the year after the company sold treasury shares (A treasury stock or reacquired stock is stock which is bought back by …

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