RIL surges 4 on BSE

Similar movement was seen on the National Stock Exchange,the scrip touched the day8217;s high of Rs 2,102.45,up 3.85 per from its previous close. The scrip had opened at Rs 2,040.

The company has found oil for the first in the exploratory block 8216;CB-ONN-2003/18217;,it said in a filing to the Bombay Stock Exchange.

RIL holds 100 per cent participating interest in the block in the Cambay basin,which was awarded in the fifth round under the New Exploration Licensing Policy NELP. The block covers an area of 635 square kilometers.

On the volume front,over 19 lakh shares got traded on the NSE,and more than five lakh shares got changed hands on the BSE.

RIL was later trading at Rs 2,067.90,up 2.14 per cent on the BSE,while on NSE,shares were trading at Rs 2,067.90,up 2.15 per cent from its previous close.