Q1FY27 company results: Firms including Havells India, Federal Bank, Central Bank of India, Oberoi Realty, and RBL Bank are also to release their April-June earnings today
Reliance Industries, JSW Steel, Federal Bank, Oberoi Realty, Tata Tech among top stocks slated to post their Q1 results today.
Brokerages expect Reliance Industries to deliver healthy performance in the June quarter of FY2027, with strength across O2C, Retail and Jio.
While renewed geopolitical tensions in West Asia are likely to keep markets choppy, the Nifty 50 could rise to 26,500 by June 2027, around 10 per cent upside from current levels, Goldman Sachs said.
Stocks to watch today: TCS, SBI, Tata Steel, GMR Airports, M&M, HFCL, RIL, Fortis Healthcare, JSW Infra, Swiggy, Pidilite, Shree Cement, among others, will be in focus today
Buying interest extended to broader markets as well, with the Nifty Midcap 100 and Nifty Smallcap 100 indices settled higher by 0.45 per cent and 0.75 per cent, respectively
The combined market value of TCS, Infosys, Wipro, HCL Technologies and Tech Mahindra has declined 46.2 per cent from a record ₹33.71 trillion at the end of August 2024 to ₹18.15 trillion
Reliance Industries reportedly worked behind the scenes to overcome regulatory hurdles, secure investor backing and structure Jio Platforms' proposed stock market debut
Reliance's AGM showed the conglomerate is shifting from being viewed as an energy-retail giant to an AI infrastructure player built around data centres, compute, connectivity, and power
Ajit Mishra of Religare Broking believes that the recent pullback in RIL stock is showing signs of recovery, and adds that a breakout above ₹1,380 could signal a trend reversal.
RIL stock will re-rate on a continuous basis as key milestones of transition are achieved, starting with the JIO IPO and subsequently the commissioning of 10 GW integrated solar project, analysts said
As telecom, retail and digital businesses contribute larger share of revenue, Mukesh Ambani says Reliance's O2C and oil & gas divisions remain crucial cash generators and key drivers of future growth
Reliance post AGM: Stock up 3% in Monday's trade. However, in the past six months, RIL has underperformed the market by falling 15%, as against 10% decline in the BSE Sensex.
The AGM reinforces Reliance's transition from traditional energy to a tech-energy-retail powerhouse. The Jio IPO is the near-term catalyst for value unlocking
Reliance Industries Limited has guided to more than double consolidated Ebitda over the next five years, with a $125-150 billion exports enablement target by 2032.
Amar Deo Singh said that RIL is methodically evolving into a diversified, technology-enabled, green conglomerate deeply aligned with India's Viksit Bharat 2047 vision.
Stocks to Watch today: RIL, RVNL, Voltas, Sun Pharma, TaMo, Bharat Forge, Dalmia Bharat are among other stocks that will be in focus today.
RIL is entering a value unlocking cycle (Jio IPO), capex monetisation phase (New Energy) and platform expansion phase (AI & Retail/FMCG) with clear visibility on Ebitda doubling in 5 years.
Large domestic mutual funds, insurance companies, pension funds and foreign institutional investors are expected to participate in the Jio offering.
The bull-case fair-value range has more credible support after the AGM than the base case; actual trajectory will depend on the pace at which the post-listing arithmetic plays out.