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Bharat Global Developers touches roof on completing Rs 300 crore FCC project for Reliance Industries Bharat Global Developers is currently trading at upper limit of Rs. 1242.65, up by 59.15 points or 5.00% from its previous closing of Rs. 1183.50 on the BSE. The scrip opened at Rs. 1240.05 and has touched a high and low of Rs. 1242.65 and Rs. 1240.05 respectively. So far 197812 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1702.95 on 28-Nov-2024 and a 52 week low of Rs. 45.70 on 15-Dec-2023. Last one week hi...
Bharat Global Developers touches roof on completing Rs 300 crore FCC project for Reliance Industries
Bharat Global Developers touches roof on completing Rs 300 crore FCC project for Reliance Industries
Source: Accord Fintech
2024-12-16 12:02:37 pm
Reliance Industries inches up on acquiring 74% stake in Navi Mumbai IIA Reliance Industries is currently trading at Rs. 1274.00, up by 0.65 points or 0.05% from its previous closing of Rs. 1273.35 on the BSE. The scrip opened at Rs. 1275.00 and has touched a high and low of Rs. 1281.60 and Rs. 1271.05 respectively. So far 221547 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1608.95 on 08-Jul-2024 and a 52 week low of Rs. 1217.70 on 21-Nov-2024. Last one week high and low of the s...
Reliance Industries inches up on acquiring 74% stake in Navi Mumbai IIA
Reliance Industries inches up on acquiring 74% stake in Navi Mumbai IIA
Source: Accord Fintech
2024-12-16 11:29:02 am
Stock Picks : Reliance Industries Ltd and Bajaj Finance Ltd By ICICI Direct Reliance Industries Ltd Buy Reliance Industries Ltd @ 1263-1265 Target 1278.00 Stop Loss 1257.40   Bajaj Finance Ltd Buy Bajaj Finance Ltd @ 7162-7166 Target 7237.00 Stop Loss 7128.00   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Reliance Industries Ltd and Bajaj Finance Ltd By ICICI Direct
Stock Picks : Reliance Industries Ltd and Bajaj Finance Ltd By ICICI Direct
Source: ICICI Direct
2024-12-16 10:47:59 am
Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal between the two countries, three sources familiar with the deal said. The 10-year agreement amounts to 0.5% of global supply and is worth roughly $13 billion a year at today's prices. It would further cement energy relations between India and Russia, which is under heavy Western sanctions over its invasion of Ukraine. ...
Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
Source: Reuters
2024-12-12 03:36:36 pm
Buy Reliance Industries Ltd For Target Rs. 1,580 By Motilal Oswal Financial Services Ltd Compelling risk-reward; FCF generation likely to pick up Reliance Industries (RIL) has underperformed the broader benchmarks, Bharti and organized retail peers, over the past few years, despite similar or superior EBITDA growth. We believe RIL’s underperformance was driven by higher capex in Retail and RJio as well as a lack of FCF generation. However, we believe the capex has likely peaked and expect RIL to generate ~INR1t cumulative FCF over FY24-27. We believe the risk-reward is c...
Buy Reliance Industries Ltd For Target Rs. 1,580 By Motilal Oswal Financial Services Ltd
Buy Reliance Industries Ltd For Target Rs. 1,580 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-12-10 12:42:08 pm
Buy Reliance Industries Ltd For Target Rs.1,660 By JM Financial Services The recent weakness in RIL’s share price (down ~15% in the last 2 months) seems primarily due to: a) 5-6% downgrade in consensus FY25 EBITDA estimate driven by weak O2C and Retail business earnings in 1HFY25; and b) limited clarity on Jio’s listing timeline. Further, this was aided by accelerated stake sale by FIIs (down 112bps in Oct'24 and down 169bps during Jul-Oct’24 to 22.5% at end-Oct’24). Hence, at CMP, RIL is trading near our bear-case valuation of INR 1,23...
Buy Reliance Industries Ltd For Target Rs.1,660 By JM Financial Services
Buy Reliance Industries Ltd For Target Rs.1,660 By JM Financial Services
Source: JMFinancial Services Ltd
2024-12-04 03:15:14 pm
Stock Picks : Reliance Industries Ltd and DLF Ltd By ICICI Direct Reliance Industries Ltd Buy Reliance Industries Ltd @ 1304-1307 Target 1320.00 Stop Loss 1298.70   DLF Ltd  Buy DLF Ltd @ 847-848 Target 857.00 Stop Loss 842.90       Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Reliance Industries Ltd and DLF Ltd By ICICI Direct
Stock Picks : Reliance Industries Ltd and DLF Ltd By ICICI Direct
Source: ICICI Direct
2024-12-03 11:17:41 am
Buy Reliance Industries Ltd For Target Rs. 1,500 by Yes Securities Ltd Trading at bear case, signaling valuation recovery Reliance Industries’ stock price has seen a significant correction and is now trading at its bear case scenario, with limited downside from here. We expect a recovery driven by strong growth across its key segments. Jio Platforms is poised for monetization, with tariff hikes boosting ARPU and the upcoming Jio IPO providing a major valuation catalyst. Reliance Retail, which is currently lacking on near term growth, while facing compet...
Buy Reliance Industries Ltd For Target Rs. 1,500 by Yes Securities Ltd
Buy Reliance Industries Ltd For Target Rs. 1,500 by Yes Securities Ltd
Source: Yes Securities Ltd.
2024-11-30 02:53:22 pm
Reliance Industries gains as its arm acquires 21% stake in WHI Reliance Industries is currently trading at Rs. 1290.05, up by 18.70 points or 1.47% from its previous closing of Rs. 1271.35 on the BSE. The scrip opened at Rs. 1280.00 and has touched a high and low of Rs. 1290.70 and Rs. 1274.75 respectively. So far 246120 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1608.95 on 08-Jul-2024 and a 52 week low of Rs. 1185.63 on 30-Nov-2023. Last one week high and low of the ...
Reliance Industries gains as its arm acquires 21% stake in WHI
Reliance Industries gains as its arm acquires 21% stake in WHI
Source: Accord Fintech
2024-11-29 11:15:19 am
Reliance`s US unit buys $12 million stake in helium explorer Wavetech Helium  Reliance Industries' U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million, the conglomerate said on Thursday, in a move aimed at expanding its low-carbon energy segment. The billionaire Mukesh Ambani-run group, which operates the world's biggest oil refining complex at Jamnagar in the western Indian state of Gujarat, announced in 2021 investments worth $10 billion to develop its green energy portfolio and achieve its 2035 ne...
Reliance`s US unit buys $12 million stake in helium explorer Wavetech Helium
Reliance`s US unit buys $12 million stake in helium explorer Wavetech Helium
Source: Reuters
2024-11-28 05:53:24 pm
Stock Picks : Reliance Industries Ltd and Ashok Leyland Ltd By ICICI Direct Reliance Industries Ltd Buy Reliance Industries Ltd @ 1289-1292 Target 1306.00 Stop Loss 1282.10   Ashok Leyland Ltd Buy Ashok Leyland Ltd @ 230-231 Target 233.20 Stop Loss 228.90   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Reliance Industries Ltd and Ashok Leyland Ltd By ICICI Direct
Stock Picks : Reliance Industries Ltd and Ashok Leyland Ltd By ICICI Direct
Source: ICICI Direct
2024-11-27 11:22:10 am
Reliance, Walt Disney close $8.5 billion merger of Indian media assets  Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO. The companies said the newly formed divisions are entertainment, which houses Reliance's Colours TV channels and Disney's Star; digital, home to online streaming platforms JioCinema and Hotstar, and sports. Former Google executive Kiran Mani, who leads JioCinema, will take charge of th...
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
Source: Reuters
2024-11-15 09:30:47 am
RIL mcap decreases by Rs 74,000 crore; SBI, TCS, Infosys biggest gainers The Indian stock market witnessed a weak trend in the last week due to heavy selling in the largecaps.  In the last week, the combined market cap of six of the top 10 most valued companies eroded by Rs 1.55 lakh crore. In the top 10, Reliance Industries (RIL), Bharti Airtel, ICICI Bank, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were losers. Tata Consultancy Services (TCS), HDFC Bank, Infosys, and State Bank of India (SBI) were gainers. The market cap...
RIL mcap decreases by Rs 74,000 crore; SBI, TCS, Infosys biggest gainers
RIL mcap decreases by Rs 74,000 crore; SBI, TCS, Infosys biggest gainers
Source: IANS
2024-11-10 05:47:40 pm
Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart Below the Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart   Trump has been strongly vocal about reducing US dependence on China which can generate opportunities for Indian manufacturers and IT services. Additionally, his objective to strengthen manufacturing in the US could encourage large US companies to set up production in India. He has proposed to reduce tax on US domestic production from 21...
Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart
Comment on Trump`s re-election can benefit the manufacturing, IT, telecom and defense sector in India by Pranay Aggarwal, CEO, Stoxkart
Source: Stoxkart
2024-11-06 06:06:25 pm
Diwali Picks 2024 : Reliance Industries Ltd For Target Rs.1500.0 By Way2Wealth Reliance Industries Limited (RIL) is a fortune global 500 company and the largest private sector company in India. RIL is a diversified conglomerate with business interests across oil refining, petrochemicals, exploration and production, retail, and digital services. * Capex for FY24 was `1,317.69bn as against `1,418.09bn in FY23, with investments into network expansion in the digital services segment, scaling-up of the retail business, augmented production capacities in the Oil and Gas se...
Diwali Picks 2024 : Reliance Industries Ltd For Target Rs.1500.0 By Way2Wealth
Diwali Picks 2024 : Reliance Industries Ltd For Target Rs.1500.0 By Way2Wealth
Source: Way2Wealth
2024-10-29 05:03:15 pm
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital Coal India Ltd CMP: 487 | Entry Range: On declines till 470 Target (TGT): 545/580/610 | Stop Loss (SL): 450 * After making the highs of 543 zones, stock has corrected over 10% in recent times and been consolidating. On daily chart basis, time and again the stock has shown strong reversals from 475 levels. * The stock has seen trend turning upside on weekly basis – up by 4%, with short covering visible aggressively. Chain also reflects good support built-up by PE writers around ...
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:48:24 am
Reliance to move Dubai crude team back to India in global trade rejig, sources say India's Reliance Industries Ltd, operator of the world's biggest refining complex, is restructuring its trading operations, including moving most of its Dubai crude oil trading team back to Mumbai, two sources familiar with the plan said. The relocation of its crude trading team by the end of this year comes after the private refiner secured long-term oil supplies from Russia, reducing the need to buy spot cargoes, said one of the sources, who spoke on condition of anonymity as the...
Reliance to move Dubai crude team back to India in global trade rejig, sources say
Reliance to move Dubai crude team back to India in global trade rejig, sources say
Source: Reuters
2024-10-25 03:34:49 pm
Nvidia rolls out Hindi-language AI model in India as CEO Huang visits Chip behemoth Nvidia launched a lightweight artificial intelligence model on Thursday for India's widely-used Hindi language, as it looks to tap into a growing market for AI technologies. Chief Executive Jensen Huang is set to chat with the chairman of conglomerate Reliance Industries, Mukesh Ambani, who is also Asia's richest man, at a conference in the business capital of Mumbai, the California-based company said. Nvidia is rolling out its new small language model, dubbed Nemo...
Nvidia rolls out Hindi-language AI model in India as CEO Huang visits
Nvidia rolls out Hindi-language AI model in India as CEO Huang visits
Source: Reuters
2024-10-24 11:51:48 am
Buy Reliance Industries Ltd For Target Rs. 3,500 By Yes Securities Ltd. O2C stands tough against headwinds while Consumer and upstream business continue strong performance Reliance Industries (RIL) delivered a steady Q2FY25, with consolidated revenue at Rs 2,315bn, flat YoY and QoQ. EBITDA stood at Rs 390.6bn (-4.7% YoY, +0.8% QoQ), while PAT rose sequentially to Rs 193.2bn (-2.8% YoY, +10.8% QoQ) on lower-thanexpected depreciation and taxes. The O2C segment showed resilience despite declining fuel cracks and weak petchem margins (GRM of ~USD9.6/bbl). Upstream...
Buy Reliance Industries Ltd For Target Rs. 3,500 By Yes Securities Ltd.
Buy Reliance Industries Ltd For Target Rs. 3,500 By Yes Securities Ltd.
Source: Yes Securities Ltd.
2024-10-22 09:30:00 am
Reliance Industries surges after its step down arm inks agreement with Mothercare to form joint venture Reliance Industries is currently trading at Rs. 2731.25, up by 17.80 points or 0.66% from its previous closing of Rs. 2713.45 on the BSE. The scrip opened at Rs. 2706.65 and has touched a high and low of Rs. 2736.00 and Rs. 2683.20 respectively. So far 455307 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023. Last one week high and low of the ...
Reliance Industries surges after its step down arm inks agreement with Mothercare to form joint venture
Reliance Industries surges after its step down arm inks agreement with Mothercare to form joint venture
Source: Accord Fintech
2024-10-18 02:03:51 pm
Buy Reliance Industries Ltd For Target Rs.3,470 By JM Financial Services Weakness in O2C and Retail business drag earnings growth RIL’s consolidated 2QFY25 EBITDA was 1.7% below JMFe and 3.5% below consensus at INR 391bn (up 0.8% QoQ, but down 4.7% YoY) due to slightly lower O2C and Digital EBITDA while Retail EBITDA growth was weak as expected. O2C business EBITDA at INR 124bn was 1.4% below JMFe due to slightly lower-than-expected GRMs (implied ~USD 7.1/bbl) and weak petchem margins, while E&P segment EBITDA was 1% above JMFe at INR 52.9bn. Digital ...
Buy Reliance Industries Ltd For Target Rs.3,470 By JM Financial Services
Buy Reliance Industries Ltd For Target Rs.3,470 By JM Financial Services
Source: JM Financial Services Ltd
2024-10-15 03:58:21 pm
Gujarat Toolroom soars on securing new order worth Rs 31 crore from Reliance Industries Gujarat Toolroom is currently trading at Rs. 13.89, up by 0.19 points or 1.39% from its previous closing of Rs. 13.70 on the BSE. The scrip opened at Rs. 14.37 and has touched a high and low of Rs. 14.38 and Rs. 13.85 respectively. So far 12775482 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 45.97 on 11-Mar-2024 and a 52 week low of Rs. 10.75 on 14-Aug-2024. Last one week high and low of the scrip stood at R...
Gujarat Toolroom soars on securing new order worth Rs 31 crore from Reliance Industries
Gujarat Toolroom soars on securing new order worth Rs 31 crore from Reliance Industries
Source: Accord Fintech
2024-10-15 03:50:41 pm
Reliance Industries declines on reporting marginal fall in Q2 consolidated net profit Reliance Industries is currently trading at Rs. 2716.25, down by 28.95 points or 1.05% from its previous closing of Rs. 2745.20 on the BSE. The scrip opened at Rs. 2718.95 and has touched a high and low of Rs. 2744.00 and Rs. 2713.55 respectively. So far 246641 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023. Last one week high and low of th...
Reliance Industries declines on reporting marginal fall in Q2 consolidated net profit
Reliance Industries declines on reporting marginal fall in Q2 consolidated net profit
Source: Accord Fintech
2024-10-15 12:08:43 pm
Reliance Industries quarterly consolidated revenue at Rs 2.58 lakh crore for Q2 Reliance Industries Limited (RIL) reported quarterly consolidated revenue at Rs 2.58 lakh crore for Q2 FY25.  The company's Oil to Chemicals (O2C) revenue improved with higher volumes and increased domestic placement of products. Digital services revenue increased with the impact of revised telecom tariffs for mobility services and the scale-up of homes and digital services businesses. Lower gas price realizations led to 6 per cent lower revenue in the Oil and Gas segment. RIL&...
Reliance Industries quarterly consolidated revenue at Rs 2.58 lakh crore for Q2
Reliance Industries quarterly consolidated revenue at Rs 2.58 lakh crore for Q2
Source: IANS
2024-10-15 10:20:24 am
Financial and Operational Performance of Reliance Industries Limited (RIL) for the Quarter and Half Year ended 30th September 2024 Quarterly Performance (2Q FY25 vs 2Q FY24) • Gross Revenue remained stable Y-o-Y at Rs 258,027 crore ($ 30.8 billion). * Oil to Chemicals (O2C) revenue improved with higher volumes and increased domestic placement of products. * Digital services revenue increased with the impact of revised telecom tariffs for mobility services and scale-up of homes and digital services businesses. * Lower gas price realizations led to 6% lower revenue in the Oil and Gas segment. • EBI...
Financial and Operational Performance of Reliance Industries Limited (RIL) for the Quarter and Half Year ended 30th September 2024
Financial and Operational Performance of Reliance Industries Limited (RIL) for the Quarter and Half Year ended 30th September 2024
Source: PR Agency
2024-10-15 09:49:31 am
Seven companies marketcap decreases by over Rs 1 lakh crore Total market capitalisation of seven out of 10 companies has reduced by Rs 1,22,107 crore in the last week, with TCS and RIL losing the most.   During the trading session from October 7-11, the market capitalisation of Tata Group company Tata Consultancy Services (TCS) declined by Rs 35,638 crore to Rs 15,01,723 crore. The market cap of Reliance Industries (RIL) has declined by Rs 21,351 crore to Rs 18,55,366 crore. FMCG major ITC experienced a decrease in its market cap by Rs 1...
Seven companies marketcap decreases by over Rs 1 lakh crore
Seven companies marketcap decreases by over Rs 1 lakh crore
Source: IANS
2024-10-14 09:28:25 am
VA Tech Wabag soars on securing large repeat orders from Reliance Industries VA Tech Wabag is currently trading at Rs. 1522.00, up by 52.75 points or 3.59% from its previous closing of Rs. 1469.25 on the BSE. The scrip opened at Rs. 1499.00 and has touched a high and low of Rs. 1534.65 and Rs. 1498.65 respectively. So far 4318 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1572.50 on 07-Oct-2024 and a 52 week low of Rs. 436.35 on 12-Oct-2023. Last one week high and low of the scrip stoo...
VA Tech Wabag soars on securing large repeat orders from Reliance Industries
VA Tech Wabag soars on securing large repeat orders from Reliance Industries
Source: Accord Fintech
2024-10-10 10:05:19 am
Add Reliance Industries Ltd For Target Rs.3,335 By Emkay Global Financial Services CY24 AGM – Deep-tech makeover, new energy takes center-stage RIL’s CY24 AGM highlighted its makeover into a deep tech and new-age manufacturing entity, with Jio leading the AI charge and being embedded in every segment. The financial roadmap reiterating RIL’s CY22 AGM target of doubling in value by CY27 (golden decade), besides Retail and Jio also doubling their EBITDA between FY24 and FY28, were other key takeaways (we build in 70-90% growth). However, a key notable was ...
Add Reliance Industries Ltd For Target Rs.3,335 By Emkay Global Financial Services
Add Reliance Industries Ltd For Target Rs.3,335 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-09-23 11:31:55 am
Buy Reliance Industries Ltd For Target Rs. 3,435 By Motilal Oswal Financial Services Ltd FY24 AGM: Targets to double EBITDA in next five years We attended the 47th AGM of Reliance Industries (RIL) held on 29th Aug’24, in which the management reiterated its strategic vision for its four key businesses – Telecom, Retail, O2C and New Energy. The company aims to double its EBITDA in the next five years, powered by 5G opportunities, increased investments in AI/data centers, further expansion in Retail (physical + digital) and the start of PV/battery facilities in New En...
Buy Reliance Industries Ltd For Target Rs. 3,435 By Motilal Oswal Financial Services Ltd
Buy Reliance Industries Ltd For Target Rs. 3,435 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-09-20 06:03:44 pm
Reliance Industries inches up as its arm enters into strategic partnership with Delta Galil Industries Reliance Industries is currently trading at Rs. 2931.45, up by 8.45 points or 0.29% from its previous closing of Rs. 2923.00 on the BSE. The scrip opened at Rs. 2928.95 and has touched a high and low of Rs. 2932.05 and Rs. 2923.00 respectively. So far 9124 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023. Last one week high and low of the scr...
Reliance Industries inches up as its arm enters into strategic partnership with Delta Galil Industries
Reliance Industries inches up as its arm enters into strategic partnership with Delta Galil Industries
Source: Accord Fintech
2024-09-11 11:01:19 am
Exclusive-India`s Reliance Infra weighs EV push, taps ex-BYD exec, sources say India's Reliance Infrastructure is considering plans to manufacture electric cars and batteries, and has hired a former India executive at China's BYD Co to advise on its plans, two sources briefed on the matter told Reuters. The company, part of Anil Ambani's Reliance Group, has hired external consultants to conduct a "cost feasibility" study for setting up an EV plant with an initial capacity of about 250,000 vehicles a year, to be scaled up to 750,000 over some yea...
Exclusive-India`s Reliance Infra weighs EV push, taps ex-BYD exec, sources say
Exclusive-India`s Reliance Infra weighs EV push, taps ex-BYD exec, sources say
Source: Reuters
2024-09-06 04:28:26 pm
RIL`s 1:1 bonus issue will be the largest bonus issue in Indian equity markets The Board of Directors of Reliance Industries Limited (RIL) has approved the issue of bonus shares in the ratio of 1:1. Every shareholder holding one fully paid-up equity share of Rs 10 each on the record date will receive one fully paid-up equity share of Rs 10 each. The record date will be separately intimated, Reliance Industries said. “This will be the largest ever issuance of bonus equity shares in the Indian equity market. The issuance and listing of bonus shares will coinci...
RIL`s 1:1 bonus issue will be the largest bonus issue in Indian equity markets
RIL`s 1:1 bonus issue will be the largest bonus issue in Indian equity markets
Source: IANS
2024-09-06 10:20:02 am
India`s Reliance wins bid for government incentives to make EV batteries Reliance Industries has won a bid under an incentives program which supports EV battery production, a statement from the Indian government said on Wednesday. Earlier this year, seven companies submitted bids to set up local manufacturing units for the production of advanced chemistry cells, or ACCs, under the government's production-linked incentive (PLI) scheme. Reliance can make upto 10 gigawatts of ACCs, the statement said. The oil-to-telecom conglomerate beat six other compet...
India`s Reliance wins bid for government incentives to make EV batteries
India`s Reliance wins bid for government incentives to make EV batteries
Source: Reuters
2024-09-04 04:21:10 pm
India's Reliance Industries to consider bonus shares for investors Reliance Industries will consider a bonus share issue for shareholders at a board meeting on Sept. 5, it said on Thursday. The announcement of the bonus issue at a 1:1 ratio was made minutes before the company's annual general meeting, where Chairman Mukesh Ambani is set to address shareholders. The bonus issue will be the first since 2017, when the oil-to-chemicals conglomerate issued bonus shares at a 1:1 ratio. The company's share price rose as much as 2.5% to 3,...
India's Reliance Industries to consider bonus shares for investors
India's Reliance Industries to consider bonus shares for investors
Source: Reuters
2024-08-29 02:26:36 pm
Reliance Industries rises after CCI gives green signal for merger of its media assets with Walt Disney Reliance Industries is currently trading at Rs. 3011.20, up by 15.45 points or 0.52% from its previous closing of Rs. 2995.75 on the BSE. The scrip opened at Rs. 3014.95 and has touched a high and low of Rs. 3016.10 and Rs. 2988.00 respectively. So far 55346 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023. Last one week high and low of the s...
Reliance Industries rises after CCI gives green signal for merger of its media assets with Walt Disney
Reliance Industries rises after CCI gives green signal for merger of its media assets with Walt Disney
Source: Accord Fintech
2024-08-29 12:27:49 pm
Disney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger Walt Disney Co and Reliance Industries have won approval for an $8.5 billion merger of their Indian media assets subject to some modifications, India's antitrust watchdog said on Wednesday, after the deal sparked concerns over control of cricket broadcasts. Reliance-Disney aims to create India's biggest entertainment player to compete with Sony, Netflix and Amazon with 120 TV channels and two streaming services. The Competition Commission of India (CCI) sent a warning notice to ...
Disney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger
Disney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger
Source: Reuters
2024-08-28 05:40:09 pm
Indian Phosphate coming with IPO to raise Rs 67.36 crore Indian Phosphate Indian Phosphate is coming out with an initial public offering (IPO) of 68,04,000 equity shares in a price band Rs 94-99 per equity share. The issue will open on August 26, 2024 and will close on August 29, 2024. The shares will be listed on SME Platform of NSE. The face value of the share is Rs 10 and is priced 9.40 times of its face value on the lower side and 9.90 times on the higher side. Book running lead manager to the issue is Beeline Capital Advisors. ...
Indian Phosphate coming with IPO to raise Rs 67.36 crore
Indian Phosphate coming with IPO to raise Rs 67.36 crore
Source: Accord Fintech
2024-08-22 03:24:48 pm
Reliance Industries rise as its arm adds 19.11 lakh subscribers in June Reliance Industries is currently trading at Rs. 3009.00, up by 15.65 points or 0.52% from its previous closing of Rs. 2993.35 on the BSE. The scrip opened at Rs. 2985.00 and has touched a high and low of Rs. 3015.85 and Rs. 2980.00 respectively. So far 44866 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023. Last one week high and low of the s...
Reliance Industries rise as its arm adds 19.11 lakh subscribers in June
Reliance Industries rise as its arm adds 19.11 lakh subscribers in June
Source: Accord Fintech
2024-08-21 11:46:08 am
Stock Picks : Reliance Industries Ltd And National Aluminium Company Ltd By ICICI Direct Reliance Industries Ltd  Buy Reliance Industries Ltd @ 2972-2975 Target 3006.00 Stop Loss 2959.10   National Aluminium Company Ltd Buy National Aluminium Company Ltd @ 172-173 Target 175.00 Stop Loss 170.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Reliance Industries Ltd And National Aluminium Company Ltd By ICICI Direct
Stock Picks : Reliance Industries Ltd And National Aluminium Company Ltd By ICICI Direct
Source: ICICI Direct
2024-08-20 11:38:47 am
Reliance Industries edges higher on planning to commission first solar giga-factory in FY25 Reliance Industries is currently trading at Rs. 2929.10, up by 7.60 points or 0.26% from its previous closing of Rs. 2921.50 on the BSE. The scrip opened at Rs. 2925.00 and has touched a high and low of Rs. 2939.90 and Rs. 2915.60 respectively. So far 1472110 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023. Last one week high and low of the ...
Reliance Industries edges higher on planning to commission first solar giga-factory in FY25
Reliance Industries edges higher on planning to commission first solar giga-factory in FY25
Source: Accord Fintech
2024-08-13 03:52:50 pm
Add Reliance Industries Ltd For Target Rs.3,335 By Emkay Global Financial Services RIL’s consol. Q1FY25 EBITDA came in line at Rs388bn, as O2C and Jio were largely as expected; however, Retail saw a 6% miss on slower top-line growth (fashion & lifestyle affected), partly offset by beat in Upstream and Others. Consol. PAT at Rs151bn was a slight miss on lower Other Income. Net debt fell 3% QoQ to Rs1.12trn, whereas capex was Rs288bn. Mgmt. said Jio tariff hikes would add to earnings from Q2, while remaining constructive on O2C. We trim FY25/26E EBITDA by 3%/2%, low...
Add Reliance Industries Ltd For Target Rs.3,335 By Emkay Global Financial Services
Add Reliance Industries Ltd For Target Rs.3,335 By Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
2024-08-07 05:37:28 pm
Buy Reliance Industries Ltd For Target Rs. 3,540 By Yes Securities Our View Reliance Industries (RIL) reported a mixed Q1FY25, with operating profit at Rs 387.7bn (+1.8% YoY; -8.8% QoQ). Consolidated revenue grew 11.7% YoY but declined 2% QoQ. The O2C segment faced challenges with declining product cracks despite improved petchem margins, achieving an assumed GRM of ~USD10.5/bbl. Upstream business performed strongly with higher production from KGD6 and CBM, contributing significantly to India's gas production. Retail sales showed 8.1% YoY growth but d...
Buy Reliance Industries Ltd For Target Rs. 3,540 By Yes Securities
Buy Reliance Industries Ltd For Target Rs. 3,540 By Yes Securities
Source: Yes Securities Ltd.
2024-08-07 02:17:53 pm
Buy Reliance Industries Ltd For Target Rs.3,435 By Motilal Oswal Financial Services O2C, retail drag 1Q performance; telecom stable JIO IPO, refining / petchem upcycle in FY26-27 are catalysts * Reliance Industries (RIL)’s 1QFY25 consolidated revenue/EBITDA grew 12%/2% YoY to INR2.3t/INR388b (in-line/5% miss), while PAT dipped 5% YoY to INR151b (9% miss). EBITDA/PAT missed our estimates due to the standalone/retail segments, while all three segments drove revenue growth. * RJio’s revenue/EBITDA/PAT increased ~2% QoQ each (in line) in 1QFY25, led by 7.9m...
Buy Reliance Industries Ltd For Target Rs.3,435 By Motilal Oswal Financial Services
Buy Reliance Industries Ltd For Target Rs.3,435 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd Ltd
2024-07-29 04:19:11 pm
Stock Picks : Reliance Industries Ltd And PFC Ltd By ICICI Direct Reliance Industries Ltd.   Buy Reliance Industries Ltd @ 3022-3025 Target 3056.00 Stop Loss 3007.00   PFC Ltd.   Buy PFC Ltd @ 542-544 Target 550 Stop Loss 538.90   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Reliance Industries Ltd And PFC Ltd By ICICI Direct
Stock Picks : Reliance Industries Ltd And PFC Ltd By ICICI Direct
Source: ICICI Direct
2024-07-29 10:55:30 am
Buy Reliance Industries Ltd For Target Rs. 3,435 By Motilal Oswal Financial Services O2C, retail drag 1Q performance; telecom stable JIO IPO, refining / petchem upcycle in FY26-27 are catalysts * Reliance Industries (RIL)’s 1QFY25 consolidated revenue/EBITDA grew 12%/2% YoY to INR2.3t/INR388b (in-line/5% miss), while PAT dipped 5% YoY to INR151b (9% miss). EBITDA/PAT missed our estimates due to the standalone/retail segments, while all three segments drove revenue growth. * RJio’s revenue/EBITDA/PAT increased ~2% QoQ each (in line) in 1QFY25, led by 7.9m ...
Buy Reliance Industries Ltd For Target Rs. 3,435 By Motilal Oswal Financial Services
Buy Reliance Industries Ltd For Target Rs. 3,435 By Motilal Oswal Financial Services
Source: motilal oswal financial services Ltd
2024-07-22 10:52:19 am
Reliance Industries posts gross revenue of Rs 2.57 lakh crore for Q1 FY25 Reliance Industries on Friday reported quarterly gross revenue of Rs 2.57 lakh crore ($30.9 billion) for Q1 FY25, up 11.5 per cent year-on-year, led by order-to-cash (O2C) on higher oil and product prices and oil & gas segment with strong growth in volumes.  Steady growth in consumer businesses also contributed to the increase in revenue. Its EBITDA increased by 2 per cent to Rs 42,748 crore ($5.1 billion), while strong contributions from oil & gas and consumer business...
Reliance Industries posts gross revenue of Rs 2.57 lakh crore for Q1 FY25
Reliance Industries posts gross revenue of Rs 2.57 lakh crore for Q1 FY25
Source: IANS
2024-07-20 10:01:09 am
Reliance Industries gains as its arm adds 21.95 lakh subscribers in May Reliance Industries is currently trading at Rs. 3166.00, up by 14.55 points or 0.46% from its previous closing of Rs. 3151.45 on the BSE. The scrip opened at Rs. 3152.00 and has touched a high and low of Rs. 3169.95 and Rs. 3116.10 respectively. So far 97208 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3217.90 on 08-Jul-2024 and a 52 week low of Rs. 2221.05 on 26-Oct-2023. Last one week high and low of the s...
Reliance Industries gains as its arm adds 21.95 lakh subscribers in May
Reliance Industries gains as its arm adds 21.95 lakh subscribers in May
Source: Accord Fintech
2024-07-18 02:18:37 pm
Indian retailer DMart posts 17.5% rise in Q1 profit  India's Avenue Supermarts, the operator of the DMart retail store chain, posted a 17.5% rise in first-quarter net profit on Saturday. It reported a consolidated net profit of 7.74 billion Indian rupees ($92.68 million) for the three months ended June 30 versus 6.59 billion a year earlier. Its revenue grew 18.5% to 140.69 billion rupees. DMart has more than 350 stores in India. Its supermarkets offer a wide range of items from food to footwear and home appliances. It comp...
Indian retailer DMart posts 17.5% rise in Q1 profit
Indian retailer DMart posts 17.5% rise in Q1 profit
Source: Reuters
2024-07-14 08:39:10 am