City gas bid fuels Reliance Natural

City gas bid fuels Reliance Natural

DALAL STREET SPIKES

BS Reporter / Mumbai September 22, 2007

Reliance Natural Resources Limited( RNRL), the Anil Ambani owned firm rose 35.9 per cent to Rs 76.70 on news that company has applied for a license to undertake city gas distribution business in Delhi, Mumbai, Gurgaon and Noida .

The scrip opened at Rs 58 and went on to a high of Rs 79.20 and a low of Rs 56.05 intra day. A total of 7.34 crore shares were traded on the BSE. The stock has risen 27.07 per cent since last one month.

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