The indigenous Benzene Recovery Unit developed by RIL and IIP will restrict benzene content to 0.2 volume per cent (vol.-%) in raffinate (return stream to gasoline).
Reliance Industries in a collaboration with Indian Institute of Petroleum (IIP) Dehradun has developed an indigenous technology to restrict benzene, a carcinogenic element in gasoline and naphtha.
Report says that the indigenous Benzene Recovery Unit developed by RIL and IIP will restrict benzene content to 0.2 volume per cent (vol.-%) in raffinate (return stream to gasoline), the company said.
Reliance Industries Ltd is currently trading at Rs. 983.65, down by Rs. 6.9 or 0.7% from its previous closing of Rs. 990.55 on the BSE.
The scrip opened at Rs. 995 and has touched a high and low of Rs. 995 and Rs. 980.2 respectively. So far 831936(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 321180.46 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1089.5 on 15-Jan-2016 and a 52 week low of Rs. 819 on 24-Aug-2015. Last one week high and low of the scrip stood at Rs. 993 and Rs. 965 respectively.
The promoters holding in the company stood at 45.15 % while Institutions and Non-Institutions held 32.38 % and 19.5 % respectively.
The stock is currently trading below its 100 DMA.
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