Stocks to Watch today, Aug 29: RIL, NTPC, ICICI Bank, Paytm, CG Power, Hexaware Technologies, and Muthoot Finance are among the top stocks to remain in focus today
Shareholders will certainly be looking out for details on the much-anticipated listings of Reliance's telecoms and retail operations, plus prospect for outside investment into clean energy business
Firms are focusing on paying down debt, opting for refinancing rather than expanding capacity, Shankar Subramaniam, the bank's head of India corporate banking said
At the bourses, meanwhile, the stock has been an outperformer, rallying nearly 16.5 per cent thus far in calendar year 2025 (CY25) as compared to 0.7 per cent gain in the BSE Oil & Gas index
JP Morgan said RIL's relative valuations remain reasonable despite its year-to-date outperformance, and various tailwinds could act as key drivers going forward
Reliance Industries stock needs to break and trade consistently above ₹1,441 levels for further gains to emerge, suggests technical chart.
The combined market valuation of eight of the top-10 most valued firms jumped Rs 1,72,148.89 crore last week, with Reliance Industries leading the pack with the maximum gain, in line with a bullish trend in domestic equities. Last week, the BSE benchmark jumped 709.19 points or 0.87 per cent. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, Infosys, Hindustan Unilever Ltd, Life Insurance Corporation of India (LIC) and Bajaj Finance were the gainers. However, HDFC Bank and State Bank of India faced erosion in their valuation. Reliance Industries added Rs 48,107.94 crore, taking its market valuation to Rs 19,07,131.37 crore. The market capitalisation (mcap) of Hindustan Unilever jumped Rs 34,280.54 crore to Rs 6,17,672.30 crore. Bharti Airtel's valuation surged Rs 33,899.02 crore to Rs 11,02,159.94 crore, and that of Bajaj Finance zoomed Rs 20,413.95 crore to Rs 5,55,961.39 crore. The mcap of Infosys edged higher by Rs 16,693.9
Reliance Industries, IndiGo, DLF, Ambuja Cements and Shree Cement can potentially rally up to 24 per cent from present levels, suggest technical charts.
Exit clears path for 10-15% tariff hikes this year
There is a potential for upside to Reliance Industries Ltd provided it operates at lower leverage and strengthens non-energy revenue streams, S&P Global Ratings said on Tuesday. S&P had last week raised the issuer credit ratings of Reliance as well as companies such as Oil and Natural Gas Corp (ONGC), NTPC and Tata Power to 'BBB' from 'BBB-' following upgrade in India's sovereign rating to 'BBB/A-2' from 'BBB-/A-3' on economic resilience and sustained fiscal consolidation. "There is a potential for upside in RIL's rating. It is at 'BBB+'... This (rating going up by a notch) would require stand alone credit profile to improve. For this, what we have said we need a continuation of the company to operate at a lower leverage, and will likely need a strengthening on the business side particularly contribution from non-energy revenues because these are less volatile," said Neel Gopalakrishnan, credit analyst, S&P Global Ratings, on Tuesday. A combination of these factors could ..
Reliance Industries (RIL) shares rose 2.3 per cent on Tuesday, logging an intra-day high at ₹1,413 per share on BSE; here's why
Reliance Consumer Products has acquired a majority stake in Naturedge Beverages to form a JV focused on herbal-natural functional drinks, led by flagship brand Shunya
Collectively worth Rs 137 trillion, the businesses of the top 300 families on the list generated Rs 7,820 crore in value every single day
Net profit growth fastest in 5 quarters
Why Sensex, Nifty rallied on Monday: Renewed buying in PSU banks, record MF inflows and hopes of a positive outcome from the US-Russia meet helped revive the market mood in India.
This week, Jamnagar was the backdrop for a grittier story: Its oil - some of which is imported from Russia - has become a sticking point in US-Indian relations
India's biggest buyer, Reliance, operates the world's largest refining complex at Jamnagar in Gujarat where it can process about 1.4 million barrels per day (bpd)
Here is the complete list of stocks that will trade ex-dividend next week, along with their announcement details and record dates
At the AGM in 2024, Mukesh Ambani-controlled RIL guided for 2x growth in its business by 2030, with JIO and Retail envisaged to double over the next three-four years
Firm identifies quartet of risks to watch through FY26 in its annual report