Page 10 - Reliance Industries

RIL Q1 Preview: Profit to see strong YoY growth led by retail, Jio, and O2C

The Mukesh Ambani-led Reliance Industries is scheduled to announce its first-quarter results for the current financial year (Q1FY26) on July 18

Indian firms file ECB intent worth $2.73 bn in May under automatic route

Indian companies including NBFCs filed $2.73 billion in ECB proposals in May 2025, all under the automatic route, with no applications under the approval route

Q1 results today: ITC Hotels, Tech Mahindra, L&T Tech among 19 on July 16

Q1 FY26 company results: Reliance Industrial Infrastructure, Kalpataru, Angel One, and Lotus Chocolate will release their earnings report for the April-June quarter on July 16

India should scale petrochemical capacity to counter China: Reliance

A Reliance official said India must boost petrochemical output, as China's refiners allocate 40 to 50% of their output to petrochemicals, more than double the proportion seen in India

Reliance Jio Platforms delays IPO plans, 2025 listing not on the cards

Valued by analysts at over $100 billion, Jio wants to achieve higher revenues and a bigger subscriber base for its telecom business

RIL stock 4% shy from peak; time to buy or sell? Here's what brokerages say

RIL stock outlook: JM Financial reiterates BUY with a revised target price of ₹1,700, as analysts believe RIL has industry leading capabilities to drive robust 15-20% EPS CAGR over the next 3-5 years.

Mukesh Ambani bets big on US ethane amid shifting global trade dynamics

Mukesh Ambani's Reliance ramps up US ethane imports as India shifts from naphtha-based production, reshaping petrochemical supply chains amid evolving global trade and energy dynamics

Adani to rival Reliance with PVC plant at Gujarat's Mundra by 2028

Billionaire Gautam Adani's conglomerate will build a 1 million tonne a year PVC plant at Mundra in Gujarat, marking its foray into the petrochemicals sector where Reliance Industries Ltd is the main player, sources said. PVC, or Polyvinyl Chloride, is a synthetic plastic polymer that is widely used to make an array of products - from pipes and fittings to window and door frames, cable insulation, vinyl flooring and wall coverings, credit cards and toys. India's annual PVC demand is about 4 million tonnes, while domestic production capacity stands around 1.59 million tonnes, half of which is with Reliance. PVC demand is projected to grow at a CAGR of 8-10 per cent, driven by sectors such as agriculture as land under irrigation increases, infrastructure aided by water supply and sanitation, housing and pharmaceutical and packaging segments. Adani Group's flagship Adani Enterprises Ltd is setting up a petrochemical cluster in Mundra. Within this cluster, it is constructing a PVC ...

RIL's new energy bets could unlock $60 bn in value: Morgan Stanley

Morgan Stanley sees transformational shift in RIL's green energy and AI strategy, forecasting up to $60 bn in value as it integrates clean power into core operations

Reliance to consolidate consumer brands under New RCPL subsidiary

RIL said that the spin-off is aimed at attracting investors beyond those backing its retail unit

Street view: Why are analysts bullish on Reliance Industries stock?

Nuvama reiterated its 'buy' call but raised its target price to ₹1,801, the second highest on the street, after Mirae Asset Securities' ₹1,950

Reliance Industries' solar leap prompts Nuvama's highest-ever target price

Nuvama forecasts that the company's 10GW module & cell capacity, to be fully operational by early CY26, could contribute an incremental ₹3,800 cr to consolidated PAT, equivalent to 6% of FY25 earnings

Anant Ambani to get ₹10-20 cr salary as executive director of Reliance

Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed Executive Director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed Executive Director of Reliance Industries Ltd. As non-executive directors, the three were entitled to no salary and were each paid a sitting fee of Rs 4 lakh in 2023-24 fiscal year and a commission on profit of Rs 97 lakh each. But as an Executive Director, Anant, 30, will be entitled to salary and other prerequisites. Reliance in a stock exchange notice on Sunday said shareholder approval for the appointment has been sought through a postal

Russia's Rosneft in early talks with Reliance to sell stake in Indian unit

Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space. But the talks are at preliminary stage and there is no guarantee that they may lead to a definite deal as valuation remains a sticky ground, three sources with direct knowledge of the matter said. Top Rosneft officials have visited India at least thrice in the last one year, including visits to Ahmedabad and Mumbai, for talks with potential investors. For Rosneft, which is looking to exit from Nayara due to western sanctions limiting its ability to repatriate full earnings from India operations, a potential buyer

Reliance Industries market cap surpasses ₹20 trillion-mark once again

Reliance Industries (RIL) share price climbed 2 per cent in trade and its market capitalisation crossed ₹20 trillion mark once again; check all details

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

Mukesh Ambani says RIL's next phase will centre on deep-tech, clean energy, and AI-driven solutions, with the company aiming for net-zero carbon status by 2035

Broad-based buying lifts markets; smallcaps, IT, consumer durables outpace

In the broader markets, it was small-cap shares that witnessed heavy buying interest, with the Nifty Smallcap100 index outpacing the benchmarks

Mcap of 6 of top-10 firms jumps ₹1.62 trn; Airtel, Reliance biggest gainers

The combined market valuation of six of the top-10 most-valued firms jumped Rs 1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers, in-line with an optimistic trend in equities. Last week, the BSE benchmark gauge jumped 1,289.57 points, or 1.58 per cent. Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India and Infosys were the gainers, while TCS, LIC, Bajaj Finance, and Hindustan Unilever faced erosion from their market valuation last week. The market valuation of Bharti Airtel surged Rs 54,055.96 crore to Rs 11,04,469.29 crore. Reliance Industries added Rs 50,070.14 crore, taking its valuation to Rs 19,82,033.60 crore. The valuation of HDFC Bank jumped Rs 38,503.91 crore to Rs 15,07,281.79 crore while that of Infosys was up Rs 8,433.06 crore to Rs 6,73,751.09 crore. The market capitalisation (mcap) of ICICI Bank climbed Rs 8,012.13 crore to Rs 10,18,387.76 crore and that of State Bank of India gained R

Reliance Industries sells 8.5 mn shares of Asian Paints for ₹1,876 cr

Billionaire Mukesh Ambani-led Reliance Industries on Monday sold 85 lakh shares of Asian Paints for Rs 1,876 crore through an open market transaction. The share sale came days after Reliance Industries offloaded 3.50 crore equity shares or 3.64 per cent stake in Mumbai-based Asian Paints on Thursday. According to the block deal data on the National Stock Exchange (NSE), Reliance Industries through its affiliate Siddhant Commercials Pvt Ltd disposed of 85 lakh shares, representing a 0.88 per cent stake in Asian Paints. The shares were sold at an average price of Rs 2,207 apiece, taking the transaction value to Rs 1,875.95 crore. Meanwhile, ICICI Prudential Mutual Fund (MF) bought these shares at the same price. With the acquisition of shares, ICICI Prudential MF's holding in Asian Paints rose to 2.12 per cent from 1.24 per cent. Shares of Asian Paints increased 1.21 per cent to close at Rs 2,241 apiece on the NSE.

OMCs, paint, tyre stocks fall; upstream oil mixed as oil price rises 13%

BPCL, HPCL, IOC, Asian Paints and other downstream oil companies' stock fell, while ONGC, Oil India rose after Brent crude oil spiked 13 per cent