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Page 72 - Reliance Industries

Brokerages remain bullish on Reliance Industries despite windfall tax

Reliance Industries shares gained as much as Rs 32.9, or 1.4 per cent intraday, on the BSE on Monday, before finally closing trade at Rs 2,413.95 apiece

Brokerages remain bullish on Reliance Industries despite windfall tax
Updated On : 05 Jul 2022 | 2:24 AM IST

Windfall tax: $12 margin hit for Reliance; govt to rake in Rs 1.3 trn

However, the earnings impact for RIL is likely to be less material given offsets from marking-to-market for current GRM strength, says a brokerage

Windfall tax: $12 margin hit for Reliance; govt to rake in Rs 1.3 trn
Updated On : 04 Jul 2022 | 3:51 PM IST

ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip

CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent

ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip
Updated On : 04 Jul 2022 | 3:38 PM IST

India to drop windfall tax if oil prices fall $40 a barrel: Revenue Secy

The tax on firms that have increased product exports to gain from higher overseas margins took effect on July 1, as the government moves to boost domestic supply and revenue

India to drop windfall tax if oil prices fall $40 a barrel: Revenue Secy
Updated On : 04 Jul 2022 | 11:58 AM IST

Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares

Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.

Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares
Updated On : 04 Jul 2022 | 7:31 AM IST

Shareholders expect Reliance Industries to unlock value in telecom, retail

Timeline for the listing of Jio Platforms and retail likely in next annual general meeting

Shareholders expect Reliance Industries to unlock value in telecom, retail
Updated On : 04 Jul 2022 | 6:10 AM IST

Three of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest loser

The combined market valuation of three of the 10 most valued domestic firms eroded by Rs 73,630.56 crore last week, with Reliance Industries Limited taking the biggest hit

Three of top 10 firms lose Rs 73,630 cr in m-cap; RIL biggest loser
Updated On : 03 Jul 2022 | 10:53 AM IST

Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts

The government has imposed a sharp windfall tax of Rs 13 per litre on diesel exports and Rs 6 per litre on gasoline exports

Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts
Updated On : 02 Jul 2022 | 1:54 PM IST

Markets end the day with tiny losses even as heavyweight RIL tanks 7%

If not for RIL's steep correction, the index could have closed nearly 500 points higher

Markets end the day with tiny losses even as heavyweight RIL tanks 7%
Updated On : 01 Jul 2022 | 10:56 PM IST

Damocles Sword on oil stocks: Is it time for you to rethink your position?

The government has levied Rs 6 per litre tax on ATF and petrol exports and imposed Rs 13 per litre tax on diesel exports

Damocles Sword on oil stocks: Is it time for you to rethink your position?
Updated On : 01 Jul 2022 | 10:51 PM IST

Petrol export duty: Will RIL shares fall more after Friday's 9% slide?

The bias for Reliance remains positive, with strong support seen at the 50-WMA, below which the next significant support is at Rs 2,350.

Petrol export duty: Will RIL shares fall more after Friday's 9% slide?
Updated On : 01 Jul 2022 | 12:48 PM IST

Spectrum of challenges and opportunities for Jio chairman Akash Ambani

Reliance Jio, of which he took charge as chairman, is full of potential that is his to maximise

Spectrum of challenges and opportunities for Jio chairman Akash Ambani
Updated On : 01 Jul 2022 | 12:13 AM IST

Bull run on Dalal Street continues for Reliance, Adani Group companies

The combined m-cap of the six Adani Group companies is up 39 per cent year-to-date to Rs 13.38 trillion on Thursday

Bull run on Dalal Street continues for Reliance, Adani Group companies
Updated On : 30 Jun 2022 | 11:38 PM IST

Sensex, Nifty end flat in choppy session; metals, auto, IT packs slip most

Stock market LIVE updates: The broader markets suffered more losses than the frontline indices. The BSE MidCap and SmallCap indices shed 0.5 and 0.7 per cent, respectively.

Sensex, Nifty end flat in choppy session; metals, auto, IT packs slip most
Updated On : 30 Jun 2022 | 4:40 PM IST

Domestic crude oil producers get marketing freedom, exports not allowed

According to a government statement, this move shall ensure marketing freedom for all exploration and production (E&P) operators

Domestic crude oil producers get marketing freedom, exports not allowed
Updated On : 30 Jun 2022 | 12:29 AM IST

Reliance stock gains as Akash takes driver's seat at Jio, brokerages upbeat

Succession plan triggered upgrades from brokerages

Reliance stock gains as Akash takes driver's seat at Jio, brokerages upbeat
Updated On : 29 Jun 2022 | 11:24 PM IST

Family first or business first: Leadership succession in Indian businesses

The Ambani family history has proven the significance of systematic succession management while the leader is still around and active

Family first or business first: Leadership succession in Indian businesses
Updated On : 29 Jun 2022 | 11:11 PM IST

Sensex snaps 4-day winning run, slips 150 pts; RIL gains 2%, Oil India 4.5%

CLOSING BELL: The Nifty IT, Bank, and FMCG indices dropped over 1 per cent each

Sensex snaps 4-day winning run, slips 150 pts; RIL gains 2%, Oil India 4.5%
Updated On : 29 Jun 2022 | 3:36 PM IST

Mukesh Ambani readies succession plan; RIL stock may soar 24%, hit new high

According to the technical charts, the range of Rs 2,350 - Rs 2,150 on the stock is seen as a good area for bottom fishing.

Mukesh Ambani readies succession plan; RIL stock may soar 24%, hit new high
Updated On : 29 Jun 2022 | 2:09 PM IST

Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB

Stocks to watch today: Akash M Ambani will take over as non-executive director and chairman of the board of directors of Reliance Jio; Tata Motors will hike prices of CVs by 1.5 to 2.5 per cent.

Stocks to watch: Reliance, Tata Motors, Biocon, Tata Steel, J&K Bank, BoB
Updated On : 29 Jun 2022 | 7:53 AM IST