Till 01:46 PM on Thursday; the average trading volumes on RIL counter jumped over two-fold, with a combined 11.79 million equity shares changing hands on the NSE and BSE.
Reliance Industries was the biggest dragger on the Nifty Oil & Gas Index, while ONGC helped limit the losses on Tuesday.
The stock of Reliance Industries declined 4.5 per cent and ended the session at ₹1,508.90, its biggest one-day decline since June 4, 2024
Shares of RIL, Trent and HDFC Bank led the decline in the Nifty50 index on Tuesday amid profit booking in heavyweight stocks
Motilal Oswal expects its coverage universe to report a 4 per cent Y-o-Y decline in sales in Q3FY26, while Ebitda and PAT are projected to grow 16 per cent and 25 per cent Y-o-Y
Shares of RIL saw their steepest fall in over five months even after it denied reports that claimed three tankers carrying Russian crude oil were headed to its Jamnagar refinery
Reliance Industries said its Jamnagar refinery has not received Russian crude in three weeks and expects no deliveries in January
Shares of RIL rose over 1 per cent as analysts expect the company's oil business to gain from the US capture of Venezuela's oil
The vessels, laden with nearly 2.2 million barrels of Urals, are currently signaling the huge Jamnagar complex and are expected to deliver their cargoes early this month
In the past one year, RIL share price has outperformed the market by surging 30 per cent, as against 9 per cent rise in the BSE Sensex
OMC's are well positioned to benefit from fall in crude prices, improvement in refining margins, fuel consumption growth and petchem demand growth in India.
Mukesh Ambani has outlined a draft Reliance AI Manifesto to make the group AI-native, targeting 10x productivity for over 600,000 employees and a wider 10x impact on India
The D1 and D3 fields, India's first major deepwater gas project, were seen as key to bolstering the country's energy independence when first developed
Stocks to Watch today, Dec 19: ICICI Pru AMC, HCLTech, BPCL, Airtel and RIL are among other shares that will be in focus today
The report identifies multiple structural themes across RIL's portfolio-spanning energy, chemicals, retail and telecom-that together add up to over $50 billion in NAV
Stock Market Today: The BSE Sensex dropped to an intra-day low of 84,684, with Indian Rupee sliding to 91.05 versus the US dollar on Tuesday.
Analysts at YES Securities have recommended a 'BUY' rating on Chennai Petro, MRPL, BPCL and Reliance Industries on the back of upbeat prospects for these oil refining companies.
With 100GWh, 20GWh and 12GWh of planned capacities respectively, these players are set to benefit from what Nuvama calls an imminent J-curve demand breakout, reaffirming its 'Buy' rating on the theme.
In the past one month, RIL shares have gained 4 per cent as compared to a 1.4-per cent rise in the BSE Sensex
Motilal Oswal remains positive on the telecom sector and maintains 'Buy' ratings on Bharti Airtel and Reliance Jio via Reliance Industries