Jefferies maintains 'buy' rating on the stock with price target of Rs 2,580 per share.
The big two telecom players have reorganised their digital businesses in readiness to monetise them.
Over a span of 14 years, the top 10 list has undergone considerable change with names like Reliance Communications, ONGC and NTPC disappearing from the list
Q4 numbers were boosted by inventory gains
Work bubbles for over 4,000 persons at peak of the project alongside navigating restrictions to source material and people globally helped deliver two deep sea gas fields
From the top-10 list, only Hindustan Unilever Limited witnessed a decline in its market valuation
RIL has already extended the deadline of closure of the deal with Future in anticipation of procedural as well as delays resulting from the legal battle between Amazon and Future group
Since November 2020, RELIANCE has made almost three bottoms between 1,830 - 1,860 levels, which indicates multiple supports for the stock near the 1,830-mark
Only Reliance Industries Limited and State Bank of India book gains on a weekly basis.
RIL and its partner BP of the UK had offered 5.5 million standard cubic meters per day of additional gas in the auction for a flexible tenure of 3-5 years
Reliance Group signed a $15 million deal in January with BOH to distribute the firm's swift Covid-19 breath testing system
The Supreme Court has not stopped Future Group and Reliance Industries from working towards a deal.
Analysts advice investors to make switch to fully-paid shares
While Mukesh Ambani-led RIL posted a 108 per cent year-on-year (YoY) rise in profit after tax for the fourth quarter of FY21 at Rs 13,227 crore, it fell short of Bloomberg estimates of Rs 13,704 crore
A firm breakout above this level may see an upside towards Rs 2,200 levels
The company's oil and gas production is hinging on output at its satellite fields. It is minuscule compared to its big-bang entry into this segment in the late 1990s
On a weekly basis, both the frontline indices snapped their 3-week losing streak and added around 2 per cent higher each
Reliance Industries has now become the country's largest producer of medical grade liquid oxygen from a single location
Company beats the Street on top line and Ebitda
On a sequential basis, it was a weak show with a fall in ARPU, flat profit growth