During the truncated holiday week, the collective market worth of seven out of the top 10 esteemed companies surged by ₹67,259.99 crore, with Reliance Industries emerging as the primary beneficiary amid a general bullish sentiment in the stock market. The BSE index experienced an ascent of 819.41 points or 1.12Read More →
India is poised well towards meeting the essential climate goals it has set out for itself at different global fora over the last several years. The recent announcement of the detailed guidelines for the Production Linked Incentive (PLI) schemes for green hydrogen production and electrolyser manufacturing by MNRE under theRead More →
Reliance Industries (RIL) share price fell over 2.5% on Wednesday’s trade Following news of a significant block deal after market opening. According to news report of CNBC-TV18, about 2 crore shares, or 0.3% of the company, were traded in the block deal, and ₹4,512 crore change hands in block dealRead More →
Reliance Industries Ltd (RIL) share price declined over a percent on Friday ahead of the announcement of June quarter results later today. The stock price fell as much as 1.59% to a low of ₹2,578.10 apiece on the BSE. Reliance Q1 results are expected to be weak on the backRead More →
Reliance Industries Ltd. (RIL), the billionaire Mukesh Ambani-led oil-to-telecom conglomerate will demerge its financial arm Jio Financial Services (JSFL) today. The record date for the Reliance-Jio Financial demerger is today, July 20, 2023. The ratio for demerger is set at 1:1. In May, shareholders and creditors approved the spinoff ofRead More →
Global brokerage, BofA Securities, believes that Reliance Industries Ltd’s (RIL) revenues and earnings before interest, taxes, depreciation, and amortisation (EBITDA) will drop quarter over quarter (QoQ) in Q1FY24 (April to June), primarily due to oil-to-chemicals O2C business, which will be partially offset by continued steady growth in retail and telcoRead More →
Brokerage JM Financial have given ‘buy’ rating to Reliance Industries as it suggests a target price of ₹2,900. The brokerage said that the concerns on debt are overdone. The brokerage, JM Financial said that Reliance Industries share prices were very close to our worst-case value, the key debates with investorsRead More →
Mukesh Ambani-backed Reliance Industries (RIL) share price rebounded on Tuesday after experts reiterated buying on this heavyweight. RIL stock climbed by a little over 2.5% in the day and emerged among the top gainers to lift the overall Indian market. RIL shares have soared after two days of the selloff.Read More →
The largest private sector company in India and a Fortune 500 company is Reliance Industries Limited. On Friday the shares of Reliance Industries closed on the NSE at ₹2,508.50 apiece level, down by 2.69% from the previous close of ₹2,577.80. The stock’s 52-week high reached ₹2,856.15 on April 29, 2022,Read More →
