Jefferies has retained 'Buy' rating on Reliance Industries Limited (RIL) shares and revised the target price to ₹1,710, implying an upside of 33 per cent from the previous close of ₹1,285.
Stocks to watch today: RIL, Amber Enterprises, ONGC, Ather Energy, NMDC, Voltas, Patanjali Foods, EaseMyTrip, Cochin Shipyard, Jindal Stainless, Brigade Enterprises, among others, will be in focus.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country. The two companies, in a joint statement, said they would explore forming a dedicated Aerospace Gas Turbine Complex in India, envisioned as a centre of excellence for power and propulsion technology, covering design, development, manufacturing, testing, production and through-life support of combat engines. The proposed partnership would combine Britain's storied aero-engine maker's technology and expertise with Reliance's technology, manufacturing and execution capabilities to develop the AMCA engine in India. The announcement frames the tie-up as advancing Indian Prime Minister Narendra Modi's push for the country's defence sector to produce an indigenous
PepsiCo, Red Bull, Monster and Reliance face a 90-day deadline to drop 'energy drink' labels from high-caffeine beverages
The exports come after European diesel profit margins hit a record of $74 a barrel on Wednesday as the region's stockpiles have fallen to their lowest since 2014
Reliance stock has decisively crossed the 20-day EMA, and is seen hovering around the 200-week EMA, highlights Sudeep Shah, technical & derivative analyst at SBI Securities.
Reliance Industries reported better-than-expected earnings for the April-June quarter (Q1FY27), aided by stronger revenue and margins in its oil-to-chemicals (O2C) and digital services businesses
Digital Services is likely to remain the biggest growth driver, contributing ~85 per cent to RIL's incremental consolidated EBITDA over FY26-28, wrote analysts at Motilal Oswal in a post results note.
Early Q1FY27 results show corporate profit growth at an 11-quarter high, led by banks, Reliance Industries, IT services and metal companies
Reliance Industries beat Q1 expectations as O2C and Jio powered earnings growth, but retail margins remained under pressure amid digital commerce investments
Natural gas production at the KG-D6 fields operated by Reliance Industries Ltd and BP Plc fell nearly 7 per cent year-on-year in the June quarter, as the natural decline that began in mid-2025 continues. In an April-June quarter earnings presentation at analyst call, Reliance said gas output in Q1 averaged 24.8 million standard cubic meters per day, down from 26.6 mmscmd in April-June 2025. The output was lower than 25.2 mmscmd in the preceding January-March quarter. Production from the second-wave of discoveries in the KG-D6 block peaked in January-March 2024 to 30.6 mmscmd but has since been on the decline. Output has since fallen by 19 per cent. Reliance did not immediately provide additional details on production volumes or a timeline for arresting the decline. At the analyst call, a company official said, "In KG-D6, whilst there is a natural decline, it's lower than what we had expected, so we have a plan to offset this natural decline, which I'll talk about shortly." As th
The CBI on Saturday conducted searches at 15 premises in Delhi and Mumbai in connection with cases registered against Reliance Commercial Finance Ltd. (RCFL) and Reliance Home Finance Ltd. (RHFL), officials said. The searches covered 23 interlinked entities associated with the Reliance ADA Group, led by Anil Ambani, the agency spokesperson said in a statement. These premises are located in two cities - Mumbai and Delhi. "The interlinked entities associated with the... group were allegedly used as conduit for the diversion of bank funds borrowed by RCFL and RHFL to other Reliance ADA Group companies, thereby causing wrongful loss to the lending banks," the spokesperson said. The searches were conducted after securing warrants from a special court in Mumbai. The searches also covered the "premises of three individuals, namely the former CFO of RHFL, the former Secretarial Head of the Reliance ADA Group, and the former Chief Treasury Consultant of RHFL," it said. The CBI has registe
Reliance Industries beats expectations in an all-round Q1 show
The segment's Ebitda rose 17 per cent as stronger fuel cracks and downstream margins offset the impact of higher feedstock costs and lower production during planned maintenance
The petitioner has challenged the High Court's refusal to order a CBI investigation into allegations that Reliance Industries extracted gas from an adjoining ONGC block
Consolidated EBITDA rose 9.9 per cent to ₹51,403 crore, led by O2C and digital services, while other income fell after a year-ago investment-sale gain
The promoter group of Reliance Industries Ltd increased shareholding by nearly 0.5 percentage points during the June quarter through market purchases, reinforcing its long-term commitment to the country's most valuable company. Regulatory shareholding data showed the promoter and promoter group raised their stake to 50.48 per cent at the end of the June quarter from about 50 per cent three months earlier. The purchases were made within the limits permitted under the Securities and Exchange Board of India's (Sebi's) creeping acquisition regulations, which allow promoters to gradually increase ownership without triggering a mandatory open offer, subject to prescribed thresholds. Market analysts believe market purchases by the promoter group would have cost Rs 8,500-9,000 crore. Reliance Chairman Mukesh Ambani, his wife and three children -- Isha, Akash and Anant -- hold 1.61 crore shares, or 0.12 per cent stake, each in Reliance, according to the latest shareholding filing by the ...
Thus far in the calendar year 2026, RIL underperformed the market by falling 16 per cent, as compared to 8.7 per cent decline in the BSE Sensex.
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
Brokerages expect Reliance Industries to deliver healthy performance in the June quarter of FY2027, with strength across O2C, Retail and Jio.