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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
5G subscriptions are projected to reach around 840 million in India by the end of 2029, accounting for 65 per cent of mobile subscriptions in the region, a new report showed on Wednesday. According to the Ericsson Mobility Report, total mobile subscriptions in the region are estimated to grow by 1.3 billion in 2029. "The June 2024 Ericsson Mobility Report shows continued strong uptake of 5G subscriptions. Enhanced Mobile Broadband and Fixed Wireless Access are the leading use cases...
5G subscriptions projected to reach 840 million in India by 2029 end
Reliance Jio Infocomm Ltd's net profit rose to Rs 5,337 crore in the January-March quarter, marking a 2.5 per cent rise over the preceding quarter on the back of an addition in net subscriber base, according to an exchange filing. Reliance Jio's revenues went up 2 per cent to Rs 25,959 crore, Ebitda rose 2.5 per cent to Rs 13,612 crore, while the Ebitda margin stood at 52.4 per cent vs 52.3 per cent. The shares of Reliance Industries closed 0.77 per cent higher on Monday ahead o...
Jio posts net profit of Rs 5,337 crore in January-March quarter
Reliance Industries is currently trading at Rs. 2991.75, up by 28.40 points or 0.96% from its previous closing of Rs. 2963.35 on the BSE. The scrip opened at Rs. 2971.40 and has touched a high and low of Rs. 2996.15 and Rs. 2965.25 respectively. So far 338301 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2996.15 on 23-Feb-2024 and a 52 week low of Rs. 2,012.14 on 20-Mar-2023. Last one week high and low of the...
Reliance Industries rises as its arm adds 39.94 lakh subscribers in December
Reliance Industries Limited has been conferred with the IFR Asia’s ‘Issuer of the Year’ award for 2023 for achieving most optimal pricing for super-sized funding deals while overcoming multiple market challenges. International Financing Review (IFR) is the pre-eminent financial publication globally for fixed income, capital markets and investment banking news, analysis and commentary. Reliance Industries is now the only entity in Asia to have won this prestigious award...
Reliance wins IFR Asia`s `Issuer of the Year` award for record fourth time
Reliance Jio Infocomm, the telecom unit of Indian conglomerate Reliance Industries, broke a four-quarter streak of slowing profit growth on Friday, helped by subscriber additions, partly after the recent launch of a 4G budget-friendly phone. Jio, India's biggest telecom operator by number of subscribers, said its net profit rose 12.3% year-over-year to 52.08 billion rupees (about $627 million) in the third quarter ended Dec. 31, according to an exchange filing. Revenue from operatio...
India`s Reliance Jio posts 12.3% rise in Q3 profit
India's most valuable company Reliance Industries reported a weaker-than-expected quarterly profit on Friday as a fall in crude prices hit revenue from fuel sales and hurt its mainstay oil-to-chemicals (O2C) business. Billionaire Mukesh Ambani-led Reliance relies heavily on its O2C business to make money despite its aggressive expansion into retail, telecom and green energy. The conglomerate saw its refinery margins touch record levels last year as it consumed a lot of cheaper Russi...
India`s Reliance misses profit view as crude drop hurts mainstay business
Reliance Jio on Friday successfully demonstrated India’s first satellite-based giga-fibre service to provide high-speed, affordable Internet services in inaccessible areas across the country. Called JioSpaceFiber, it was showcased on the first day of ‘India Mobile Congress 2023’ in the presence of Prime Minister Narendra Modi. Jio is partnering with Luxembourg-based satellite telecommunications network provider SES to access the world’s latest in medium earth orb...
Reliance Jio launches India`s 1st satellite-based Internet to connect inaccessible areas
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