India's most convenient online grocery channel
Reliance Fresh and Smart makes your grocery shopping even simpler. No more hassles of sweating it out in crowded markets, grocery shops & supermarkets - now shop from the comfort of your home; office or on the move.
We offer you convenience of shopping everything that you need for your home - be it fresh fruits & vegetables, rice, dals, oil, packaged food, dairy item, frozen, pet food, household cleaning items & personal care products from a single virtual store.
JioMart is an online selling channel (format) of Reliance Retail Limited. Visit https://www.jiomart.com for details.
Feature Group will be the JIO MART
Future Retail share value hit upper circuit of 20% today after Reliance Industries Ltd (RIL) declared the securing of the retail, discount, coordinations and warehousing organizations of the Future Group for Rs 24,713 crore through its auxiliary, Reliance Retail Ventures. Responding to the turn of events, share cost of Future Retail opened 20% higher at Rs 162.30 against past close of Rs 135.25 on BSE.
The stock has increased 36.62% over the most recent 3 days. The offer tumbled to intra day low of Rs 152. At 12:17 pm, the stock was exchanging 19.85% or 26.85 higher at Rs 162.10 on BSE.
The offer exchanges higher than multi day, multi day, multi day and multi day moving midpoints however below multi day moving midpoints. The offer has lost 59% in one year and fallen 52.62% since the start of this current year.
In one month, the offer has increased 46.92%. It took only multi week for the stock to rise 41.84%.
Absolute 51.95 lakh shares changed hands adding up to turnover of Rs 83.20 crore on BSE. Market cap of the firm rose to Rs 8,778 crore.
Dependence Retail purchases Future Group's retail business for Rs 24,713 crore
The offer hit 52-week high of Rs 415.05 on September 12, 2019 and multi week low of Rs 61.05 on April 9 this year.
Future Retail works more than 1,500 stores in India and possesses a few market brands, containing spending division and staple chain Big Bazaar, Ezone, Fashion at Big Bazaar (FBB), Foodhall and Easyday
More on this point from Business Today
RIL-Future arrangement: Mukesh Ambani to hold brand names Big Bazaar, FBB and others.