Given the recovery in retail, the recent recovery in petchem margins, and the scale-up in the new energy business, most brokerages have a buy rating on RIL
The BSE Oil & Gas index touched intraday high of 26,551.71, up 3.12 per cent from previous session's close of 25,746.71. HPCL, BPCL, IOC were among the top gainers in trade on April 29, data shows
Among the sectoral indices, Nifty Oil & Gas was the top performer, ending higher by 3.18 per cent, led by RIL (5.07 per cent) and BPCL (4.97 per cent)
Reliance Industries stock was trading at a 6-month high after the company reported better-than-expected Q4 earnings; the trading volumes at the counter jumped over 25 mn shares on the BSE and NSE.
The oil-to-telecom conglomerate posted a consolidated net profit of ₹19,407 crore for the quarter ended March, up nearly 2.4 per cent Y-o-Y
RIL stock has gained 8% in the last 2 months, after a 4-month consolidation around its key trend line support - a key technical indicator the stock has been holding above since the last 11 years.
Stocks to Watch on Monday: RIL, M&M, Biocon, Shriram Finance, Tata Tech, India Cements, IDFC First Bank and Zydus Lifesciences are among the stocks to watch today, April 28, 2025
Company officials said the new energy projects are making strong progress and engineering for the entire value chain, including polysilicon, cell modules, glass, and POE, has been completed
Country's leading retailer Realiance Retail, which saw 2.4x growth in the number of orders from its quick commerce/hyper local delivery in the March quarter, is significantly scaling it with plans to open dark stores to expand the coverage area. In the March quarter, Reliance Retail saw over 2.4 times growth in terms of the number of orders, which is a significant scale-up, said its CFO Dinesh Taluja during the earnings call earlier this week. "And we are seeing very strong traction with a 2.4x quarter-over-quarter growth in daily exit orders. And this number will scale up substantially in the coming year as well. We are also starting to proactively market this proposition, our proposition of no hidden charges, quick delivery, and no delivery fees continues to resonate very well with the customers," said Taluja. Reliance covers hyper-local deliveries, a sub-30-minute delivery, at 4,000 pin codes across the country through its network of existing stores, which has a much wider reach
Reliance Industries ranked 21 globally by net worth, outpacing global energy giants and cementing its position among the world's most valuable companies
This move marks Anant Ambani's first executive role at Reliance Industries. He has been leading the group's new energy business since 2022
Subscriber growth maintains momentum as 5G users hit 191 million
The conglomerate becomes first in India to report net worth of over ₹10 trillion
The company has announced a dividend of Rs 5.5 per equity share for FY25
Q4 FY25 company results today: Reliance Industries, Tata Tech, RBL Bank, Motilal Oswal Financial, and Poonawalla Fincorp will be among 37 firms to post earnings reports for the January-March quarter
Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit, as its retail business rebounded and oil business defied global downtrend. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was compared to Rs 18,951 crore, or Rs 14 a share, in the same period a year back, according to a stock exchange filing by the company. Profit was also up sequentially from Rs 18,540 crore in the October-December quarter. The company's revenue from operations rose to Rs 2.6 lakh crore from Rs 2.4 lakh crore recorded in January-March 2024.
Reliance Industries shares were trading at ₹1,300.10, down 0.12 per cent from the previous session's closing price of ₹1,301.60
Firms from Macquarie Group Ltd. to Kotak Securities Ltd. have upgraded their rating on billionaire Mukesh Ambani's flagship firm since January, with analysts highlighting its cheap valuation
According to market participants, RIL may have bought between Rs 7,000 crore and Rs 10,000 crore worth of government bonds during the second week of April
The country's most valuable company is scheduled to announce its Q4FY25 results on April 25, the company said in a filing to exchanges on Friday