Reliance Industries Shares Gain 5% in the last three trading sessions, Ahead of AGM

Shares of $RELIANCE ustries Ltd (RIL) rose over 5% in the last three trading sessions, trading at around ₹1,328.70 on Tuesday, driven by multiple positive triggers. Investors are optimistic ahead of the company’s 49th Annual General Meeting (AGM) scheduled for June 19, where updates on Jio’s telecom expansion, retail growth, energy transition, and new initiatives are expected. A key catalyst has been the recent partnership with Meta to develop India’s first AI-enabled data centre in Jamnagar, Gujarat. Reliance will build and manage a 168 MW facility, which Meta will lease, boosting prospects in digital infrastructure and AI. Softer global oil prices, following the US-Iran peace deal and increased crude supply expectations, have also supported the stock given RIL’s refining business.