Page 6 - Ril Stock
Reliance Industries to demerge and list financial services business
Shareholders of RIL will receive one equity share of JFS of face value Rs 10 for one fully paid-up equity share of Rs 10 held in RIL.
 "Reliance Industries to demerge and list financial services business")
TMS Ep249: Q1 GDP estimates, EV adoption, RIL stock, Sec-194R of IT Act
What do Q1 GDP estimates say about the economy? How will EV adoption affect auto component makers? When will RIL stock hit the Rs 3,500 mark? Why Sec-194R of IT Act has confused people? Answers here
 "TMS Ep249: Q1 GDP estimates, EV adoption, RIL stock, Sec-194R of IT Act")
Will RIL stock hit the Rs 3,500-mark before its next AGM?
Though investments of RIL across verticals will set the company on a decadal growth path, they may weigh on the stock in the near-term. Tech charts, however, suggest otherwise. Here's a report
 "Will RIL stock hit the Rs 3,500-mark before its next AGM?")
RIL eyes new high; ONGC, HPCL can gain up to 8% amid windfall tax revision
The government on Thursday raised the windfall tax on exports of diesel to Rs 7 per litre and reintroduced the tax on jet fuel exports of Rs 2 per litre.
 "RIL eyes new high; ONGC, HPCL can gain up to 8% amid windfall tax revision")
RIL profit jumps 46.3% in June quarter on higher refining margin
The standalone gross revenue of the company has grown from Rs -- crore in Q1FY22 to Rs -- in Q1FY23
 "RIL profit jumps 46.3% in June quarter on higher refining margin")
Stocks to Watch: Reliance, Titan, TVS Motor, Power Grid, Equitas SFB, FMCG
Stocks to Watch: Titan on Wednesday said its sales in the April-June quarter were up nearly three-fold on a year-on-year basis, helped by a low base of the Covid-19 impacted quarter in the last year.
 "Stocks to Watch: Reliance, Titan, TVS Motor, Power Grid, Equitas SFB, FMCG")
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")
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")
JP Morgan sees RIL at Rs 3170 in a year; upgrades stock to overweight
The brokerage firm cites a positive earnings revision cycle ahead, given the strong refining and gas environment, for the ratings upgrade.
 "JP Morgan sees RIL at Rs 3170 in a year; upgrades stock to overweight")
RIL stock sheds morning gains as BSE Sensex tumbles over 600 points
RIL, says a report by Citi Research, is the biggest beneficiary of rising crude oil imports from Russia
Margin gains for oil refiners amid Ukraine war-led energy price spike
RIL, MRPL and Chennai Petro stocks are up; BPCL, HPCL and IOC are weighed down over marketing margin concerns
 "Margin gains for oil refiners amid Ukraine war-led energy price spike")
Sensex posts third straight weekly gain despite 660-point drop on Friday
Gains in RIL propelled market during the week
 "Sensex posts third straight weekly gain despite 660-point drop on Friday")
Reliance Industries falls 3% post March quarter results; slips 9% in 6 days
RIL reported a consolidated net profit of Rs 16,203 crore for Q4FY22, up 22.5 per cent over the year-ago period's Rs 13,227 crore but slightly short of expectations.
RIL m-cap nears Rs 19-trillion mark; stock surges 10% in 3 days
According to the BSE data, RIL m-cap stood at Rs 18.84 trillion at 01:16 PM, just a per cent away to claim the Rs 19 trillion feat.
Stocks to Watch: Wipro, Paytm, Indian Oil, Rites, RIL, Persistent Systems
Shares of Indian Oil Corp will be on radar as the company has bought 3 million barrels of Russian Urals from trader Vitol for May delivery.
 "Stocks to Watch: Wipro, Paytm, Indian Oil, Rites, RIL, Persistent Systems")
Testing time for RIL; will the stock manage to hold its one-year support?
The index heavyweight lost significant ground after breaking its earlier support at Rs 2,600, and now trades 18 per cent lower from its 52-weeks high.
 "Testing time for RIL; will the stock manage to hold its one-year support?")
Stocks to Watch: RIL, Tata Motors, Maruti, NCC, Marico, Hind Zinc, IT stks
Auto majors Maruti and Tata Motors are likely to be in focus today, the former for registering highest exports in a calendar year, and the latter for becoming the second largest PV seller in India.
 "Stocks to Watch: RIL, Tata Motors, Maruti, NCC, Marico, Hind Zinc, IT stks")
IT services, telecom, financials: Sectors analysts are betting on for 2022
With the withdrawal of easy and cheap money globally, fundamentals would come to fore, analysts suggest. Therefore, one needs to stay invested in the right quality of stocks, analysts suggest
 "IT services, telecom, financials: Sectors analysts are betting on for 2022")
New Energy another multi-decade growth engine for RIL: Goldman Sachs
As a strategy, Goldman Sachs expects RIL to focus first on the domestic markets given tariff and non-tariff protection, capex incentives and demand creation through regulatory support
 "New Energy another multi-decade growth engine for RIL: Goldman Sachs")
RIL gains 3% on plans to hive-off gasification assets into separate unit
RIL said the Scheme will also enable the company to evaluate unlocking the value of syngas, with a collaborative and asset-light approach involving induction of investor(s) in the gasifier subsidiary
 "RIL gains 3% on plans to hive-off gasification assets into separate unit")
