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Akshay Patel

12th Apr 2025 · SEBI-Registered Analyst

Reliance Industries acquires additional 10% stake in Nauyaan Shipyard

RELIANCE
has acquired an additional 10% stake in Nauyaan Shipyard for ₹51.72 crore, increasing its holding through its subsidiary Nauyaan Tradings. This move strengthens Reliance's presence in the shipbuilding sector and aligns with its strategy to diversify its business portfolio, reflecting confidence in the industry's growth potential.

#HiddenGems
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