Page 18 - Reliance Industries

Reliance Industries focuses on cost control in O2C segment in Q3FY25

Fuel discounts, ditching low-margin products underway, says company

Mukesh Ambani, wife Nita meet Donald Trump ahead of swearing-in ceremony

The Ambanis expressed their hope for deeper India-US relations to the president-elect and wished him a transformative second term of leadership at the White House

Analysts eye 34% upside in RIL post Q3; Jefferies, Citi, CLSA, MS upbeat

Given the strong Q3 & recent correction in the stock, most brokerages remain optimistic about RIL' future prospects & potential in the stock. Emkay upgraded RIL to 'Buy', citing attractive valuations

Stock Market Close Highlights: Sensex sheds 423 points, Nifty at 23,203; RIL up 3%, Infosys slips 6%

Market LIVE: Markets in India are likely to open on a cautious note today, following mixed global cues as investors focus on companies reporting December quarter results

Markets Today: Wipro, TechM, RIL, Infy, Axis Bk Q3; FIIs; Capital Infra IPO

At 6:35 AM, GIFT Nifty futures indicated a weaker start for the markets, trading 56 points lower at 23,321.5

RIL Q3 results: Net profit rises 7.4% to Rs 18,540 cr, beats estimates

The company's revenue from operations increased to Rs 2.43 trillion from Rs 2.27 trillion in the October-December 2023 quarter.

Reliance to bring American luxury retailer Saks Fifth Avenue to India

Country's leading retailer Reliance Retail as part of its expansion into the luxury segment is introducing Saks Fifth Avenue, an American luxury department store chain to the Indian market.. Its "premium brands business entered into India franchise arrangement for Saks Fifth Avenue," said Reliance Industries in its earning statement on Thursday. Saks Fifth Avenue an American luxury department store, is a premier destination for luxury fashion. Since its inception in 1924, it has featured an expertly curated assortment of fashion and highly personalised customer service. It operates a network of 41 stores across North America. "So to address the super Luxury segment in India, we entered into a franchise for India with Saks, Fifth Avenue, which is a global luxury retailer," said Reliance Retail CFO Dinesh Taluja during the earnings call. Reliance's Premium Brands business has also entered into a JV with Mothercare PLC to acquire the Mothercare brand and its IP assets for the Indian

Reliance Retail Q3 results: Net profit grows 10.1% to Rs 3,458 crore

Reliance Retail Venture Ltd (RRVL) -- the retail arm of billionaire Mukesh Ambani-led Reliance Industries -- reported an 8.75 per cent increase in gross revenue to Rs 90,333 crore while its profit after tax (PAT) rose 10 per cent to Rs 3,458 crore for the December quarter, helped by pick-up in festive demand. The company had reported a gross income of Rs 83,063 crore and PAT of Rs 3,145 crore in the year-ago period, Reliance Industries Ltd said in a regulatory filing (RIL). Reliance Retail's revenue from operation during the quarter was up 7 per cent to Rs 79,595 crore from Rs 74,373 crore a year ago. Moreover, digital commerce and new commerce contributed to 18 per cent of the total revenue of Reliance Retail as it continued to scale these new-age channels. The pre-tax profit (EBITDA) of the country's leading retailer was also up 9.45 per cent in the December quarter at Rs 6,828 crore. The "growth driven by several productivity improvement initiatives and increased customer ...

Stock Market Close Highlights: Sensex up for third day, gains 319 pts; Nifty at 23,312; banks shine

Markets Today LIVE: Markets in India are expected to open higher following a strong showing on Wall Street after a lower-than-expected core inflation reading there

US sanction clarifications tighten squeeze on India's February oil supplies

Indian refiners have until Feb 27 to wind down transactions with sanctioned Russian tankers, opaque traders, a shadow fleet, and insurers, according to a US govt official

Stocks to Watch Today, Jan 16: RIL, Axis Bk, Infy, Ceat, HDFC Life, Swiggy

Stocks to Watch Today, January 16: Axis Bank, DB Corp, Hatsun Agro, Havells India, Infosys, LTIMindtree, Metro Brands, Reliance Industries, and Waaree Renewable will report their Q3 results today

Market Today: GIFT Nifty; RIL, Infy, Axis Bk Q3; Laxmi Dental IPO allotment

At 6:35 AM, GIFT Nifty futures indicated a gap-up opening for the markets, trading 150 points higher at 23,416

Reliance Jio ties up with Polygon Labs to bring Web3 to 450 million users

Blockchain collaboration aims to expand Web3 applications beyond cryptocurrency for Jio's vast customer base

Q3 results preview: Weak O2C biz likely to drag earnings for RIL again

Analysts expect Q3FY25 to report continued weakness in O2C earnings

Here's why foreign brokerages see up to 36% upside in RIL; Q3 nos on Jan 16

Goldman Sachs, Bernstein, CLSA and Jefferies have retained their positive rating on RIL and believe the selling in the stock is overdone at present levels.

Markets Today: TCS Q3; FIIs; Quadrant Future IPO allotment; US, UK bonds

Thursday's session had already painted a grim picture, with the Sensex plunging 528.28 points (0.68 per cent) to close at 77,620.21. The Nifty shed 162.45 points (0.69 per cent) to settle at 23,526.50

Has RIL stock survived a major scare? Trade above Rs 1,270 holds the key

Reliance Industries stock was seen testing the 10-year support indicator around Rs 1,200 levels for the last two months; the stock has now gained over 5% from the lows, will the rally continue?

RIL, Bajaj Fin: Ruchit Jain of Motilal Oswal bets on 3 stocks to buy today

Stocks to Buy Today: Ruchit Jain of Motilal Oswal picks Reliance Industries, Bajaj Finance, and Bharat Dynamics as top stocks to buy in stock markets today

Thumbs up for RIL: Jefferies, Bernstein's bullish bet lifts stock over 2%

According to reports, the New York-based brokerage Jefferies has retained a 'Buy' rating on RIL, setting a target price of Rs 1,690. The target reflects an upside of 36.19 per cent

Reliance Industries raises $3 bn from 11 banks in dual-currency loan deal

The five-year loan was finalised last month at 120 basis points above the three-month Secured Overnight Financing Rate (SOFR), with $450 million denominated in Japanese yen