New Delhi, June 10 -- Shares of Reliance Industries (RIL), India's most valuable company by market capitalisation, gained on Wednesday, 10 June, after it announced India's first AI-enabled data centre in Jamnagar, Gujarat, in partnership with global tech giant Meta Inc.

Following the announcement, Reliance Industries share price gained 2.4% to Rs.1,300 apiece and was among the top index contributors today. This is the second day of gains for RIL shares after a nine-day losing streak, during which it eroded almost Rs.1.29 lakh crore in investor wealth.

According to the exchange filing shared by the billionaire Mukesh Ambani -led firm, RIL will develop a data centre with 168 MW capacity to be delivered within two years, with an option to ...