Reliance Industries shares in focus after acquiring Karkinos Healthcare for Rs 375 crore

Reliance Industries share price: Reliance Industries acquired Karkinos Healthcare for Rs 375 crore through its subsidiary Reliance Strategic Business Ventures. Karkinos provides technology-driven solutions for the early detection and management of cancer. Post-acquisition, Karkinos became a step-down wholly-owned subsidiary of Reliance Industries. The company partners with hospitals to offer oncology services at lower rates while generating profitability.