Page 61 - Reliance Industries

Mcap of 8 of top-10 most valued firms climb Rs 1.15 trn; RIL biggest winner

Eight of the top-10 most valued firms together added Rs 1,15,837 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer. From the top-10 pack, HDFC twins were the only laggards. Last week, the BSE benchmark jumped 574.86 points or 0.92 per cent. The benchmark had settled above 63,000-level for the first time ever on Wednesday. The market valuation of Reliance Industries jumped Rs 71,462.28 crore to Rs 18,41,994.48 crore. Hindustan Unilever's market capitalisation (mcap) gained Rs 18,491.28 crore to Rs 6,14,488.60 crore. Tata Consultancy Services (TCS) added Rs 18,441.62 crore taking its valuation to Rs 12,58,439.24 crore. The valuation of Infosys climbed Rs 3,303.5 crore to Rs 6,89,515.09 crore and that of Adani Enterprises rallied Rs 2,063.4 crore to Rs 4,47,045.74 crore. Bharti Airtel's mcap grew by Rs 1,140.46 crore to Rs 4,72,234.92 crore and that of ICICI Bank jumped Rs 845.21 crore to Rs 6,49,207.46 crore. State Bank of India added Rs

Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh

CLOSING BELL: The NSE Nifty shut shop at 18,696, down 117 points. Broader indices - BSE Midcap and Smallcap bucked the trend, and were up 0.8 per cent and 0.7 per cent, respectively, on Friday.

Reliance makes rare buy of Russian naphtha, ups fuel oil imports: Data

India imported about 410,000 tonnes of naphtha, used for making petrochemicals, in Sept-Oct, the Refinitiv data showed

Stocks to Watch: PB Fintech, NMDC, Axis Bank, Yes Bank, ONGC, Auto, Airline

Stocks to Watch Today: SoftBank Group is likley to sell a 5 per cent stake in PB Fintech via block deal at a base price of Rs 440 per share on Friday.

Reliance most valued Indian firm; 2 Adani units join top ranks: Study

Top 500 companies in Burgundy Private Hurun India's list are worth $2.7 trillion

What's powering the rally in Reliance Industries' stock?

Another key reason for the recent stock surge, according to analysts at Jefferies, is the hope that the government may withdraw export duties on diesel and aviation fuel

Stocks to Watch: TCS, KPI Green, Siemens, Alstom India, Apollo Hospitals

Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.

IGL, MGL gain up to 4% post Kirit Parikh panel gas pricing recommendations

The S&P BSE Oil & Gas index hit a 52-week high of 20,653.57 in intra-day trade on Wednesday

Reliance Industries seeks shareholder nod to alter MoA for EPC undertaking

Move comes following approval by RIL board in October to restructure the business; company also seeking shareholder nod for appointment of KV Kamath as RIL independent director

Sensex hits 63K, gains 418pts; Nifty ends at record high of 18,750

CLOSING BELL: The S&P BSE Sensex scaled a new summit at 63,303, and settled above 63,000-mark for the first-time ever. The Nifty 50 hit a new all-time high at 18,816 on Wednesday.

IGL, MGL: Parikh recommendations may trigger up to 11% rally in gas stocks

Barring Gujarat Gas, other gas related stocks like Reliance, ONGC, MGL, IGL are poised for the next upside

India Inc takes mental health to heart but challenges remain

Firms using data, sensitising managers to help employees as experts say more awareness, acceptability needed

Indices log new record highs buoyed by RIL; Sensex rises 211 points

3.5% jump in RIL lifts indices; Nifty crosses 2021 intra-day high

Reliance Industries surges 3%, trades at five-month high

Shares of Reliance Industries were trading higher for the third straight day, and have gained 5.4 per cent during the period.

Adani, TCG gear up for petrochemical foray as RIL eyes expansion in sector

Adani planning PVC plant in Mundra, Gujarat; TCG looking to make polymers, chemicals and PTA at Cuddalore, Tamil Nadu

Rs 20K-crore Adani FPO to be fourth biggest fundraise by India Inc

RIL's rights issue in 2020 for Rs 53,124 cr remains the single-biggest equity issuance by an Indian firm

Adani Enterprises to raise Rs 20,000 crore through follow-on public offer

The face value of each Adani Enterprises share would be Rs 1 each and the approval of the shareholders would be taken via postal ballot

F&O expiry: Sensex ends at record closing peak, up 762pts; Nifty near 18500

CLOSING BELL: A surprise dovish tone by the US Federal Reserve, where it said that the central bank is looking to slow the pace of rate hike, cheered market bulls

Jio Financial Services could become fifth largest fin service entity: Study

Reliance firm can disrupt payments business and become a threat to other fintech models, say analysts

Mukesh Ambani's daughter Isha, son-in-law Anand Piramal welcome twins

The twins have been named Aadiya and Krishna