Page 33 - Reliance Industries

Budget cheer? Here's what drove 1,400-pt rally in Sensex, Nifty to new high

Reliance and IT stocks led the market rally as investors cheered the fact that Budget 2024 resisted the temptation of populist measures, and stuck to the fiscal prudence path.

Reliance, Bodhi Tree set for 60% stake in Disney India merger: Report

The valuation of Disney's India unit is sharply lower than the $15-$16 billion estimated when Disney acquired it in 2019

Reliance, Bodhi Tree discuss 60% stake in Disney India merger talks: Rpts

Under the deal, Viacom18, the broadcast division of Ambani's Reliance Industries will merge with Disney India businesses

Reliance Industries most valuable Indian company: Hurun Global 500 2023

The two companies that saw the highest valuation gain were Microsoft and Nvidia. Both of these are associated with the artificial intelligence software ChatGPT

Profit booking in RIL weighs on indices; Sensex ends 802 points lower

Shares of RIL, the country's most valuable firm, fell 2.8 per cent and made a 246-point contribution to the Sensex decline

Operating at scale

From the first Budget to today, India's economy has changed, requiring boards to adapt and think on a global scale

Profit booking in Reliance, drop in financials weigh on Indian shares

The blue-chip NSE Nifty 50 index declined 0.99% to 21,522.10 points and the S&P BSE Sensex fell 1.11% to 71,139.90

RIL drives markets to best day in 2 months; Sensex rises 1,241 points

RIL and HDFC Bank contributed to over half of these gains

Reliance Industries stock rallies 7%, mcap tops Rs 19.5 trillion

Robust retail, oil and gas performance, steady digital services drive company's earnings growth

Sensex up 1200 pts, Nifty tops 21700: Factors behind market rally on Jan 29

Stock market highlights on January 29: The frontline S&P BSE Sensex index soared 1,309 points in the intraday trade to hit a high of 72,010 levels

Walt Disney's India unit market valuation halves in Reliance merger talks

After weeks of negotiations following a non-binding pact with Ambani's Reliance Industries Ltd. to merge their entertainment business

A rational call

Tariff revision can enable telcos to spend on infrastructure

RIL, Asian Paints, Axis Bank: Key levels to watch out for post Q3 results

As stocks turn volatile post Q3 results, watch out for these key levels on the likes of ICICI Bank, Hindustan Unilever, CoForge and UltraTech Cement among others and plan your trading strategy.

Earnings from O2C division may remain volatile for Reliance Industries

RIL's management noted while the refining margins environment looks favourable, that of downstream will remain pressured

Reliance to commission new energy giga complex in Gujarat this year

Billionaire Mukesh Ambani's Reliance Industries Ltd will commission a new energy giga complex in Gujarat in the second half of 2024, the company said in an earnings statement and investor call. Reliance is building a giga complex spread over 5,000 acres in Jamnagar in Gujarat. The complex comprises five giga factories for photovoltaic panels, fuel cell system, green hydrogen, energy storage and power electronics. "On track to commence new energy facilities in phases this year," the company said in a post-third-quarter earnings call with investors. Post announcement of third-quarter earnings on Friday, Ambani stated that the "New Energy Giga Complex is all set to be commissioned in the second half of CY24. I am confident that Reliance's New Energy business will play a pivotal role in the global movement for adoption of cleaner fuels." The Dhirubhai Ambani Green Energy Giga Complex will be among the largest integrated renewable energy manufacturing facilities in the world. Reliance

Sensex falls 260 pts in fag-end, Nifty holds 21,550; FMCGs crack, PSBs soar

Stock market highlights on January 20, 2024: Among sectors, the Nifty IT, and FMCG indices fell 1 per cent each, while the Nifty PSU bank index added 1.9 per cent

Stocks to Watch on Jan 20: RIL, Paytm, ICICI Bank, Prataap Snacks, RBL Bank

Stocks to Watch on Saturday, January 20, 2024: RIL, on Friday, reported a 9.3 per cent year-on-year (Y-o-Y) increase in its consolidated net profit, at Rs 17,265 crore, for Q3FY24

Reliance Industries Q3 results: Net profit up 9.3%, misses estimates

Weak energy segment offsets profit growth in consumer business

Reliance Industries Q3 results: Profit rises 9.3% to Rs 17,265 crore

The Mukesh Ambani-led conglomerate said its consolidated revenue from operations rose 3.6% to Rs 2.28 trillion

Reliance Jio Q3 results: Net profit rises 12.3% to Rs 5,208 crore

Revenue from operations climbed 10.3%, snapping five straight quarters of slowing growth