Stock below Rs 20: Reliance-backed stock jumps 7 per cent; witnesses a solid breakout! Stock below Rs 20: Reliance-backed stock jumps 7 per cent; witnesses a solid breakout! Delving into the realm of technical indicators, we find further reasons to be optimistic. The MACD has flashed a buy signal Karan Dsij / Tuesday, November 7, 2023 / Article rating: 4.2 Adding to the stock's allure is the significant backing it enjoys from Reliance Industries Ltd., which holds a substantial 40.01 per cent stake in the company and serves as one of its key promoters.