In the last few sessions, the stock of Mukesh Ambani-controlled Reliance Industries (RIL), hit its 52-week low level of Rs 2269.75, and has been one of the worst performers among the Sensex pack
Stocks to Watch: RIL arm Reliance Polyester has completed acquisition of polyester business of Shubhalakshmi Polyesters & Shubhlaxmi Polytex
Stocks to Watch: Mahanagar Gas has entered into a pact to acquire Unison Enviro, a subsidiary of Ashoka Buildcon, for Rs 531 crore
"I am happy to announce that we will continue our investments and we will invest in 10 Gw of renewable solar energy in AP," said Ambani.
NTPC, Adani, RIL among major participants; state set to sign another set of MoUs worth Rs 13 trn on Saturday
Company's advanced products focussed on grid automation, stability and remote control are being deployed in Rajasthan, UP, J&K and Himachal Pradesh
Overall India bets have nearly doubled since pandemic began
Engineering major will participate in projects where supply and land risk is not there: CEO
Crude price volatility weighs on PAT; board clears raising Rs 20K cr via NCDs
Stocks to watch today: Jubilant Foodworks plans to open 3,000 Domino's stores - 250 stores for Domino's India in the next 12-18 months. It also plans to start 40-50 stores for Popeyes India
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Jefferies values firm's green hydrogen business at $8 bn
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In the last 20 years, RIL's net profit has grown at a CAGR of 15.7 per cent
From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts
Stocks to Watch: Balrampur Chini, Indiabulls Housing Finance and Punjab National Bank (PNB) were the three stocks in F&O ban period on Wednesday.
The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022
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
The S&P BSE Oil & Gas index hit a 52-week high of 20,653.57 in intra-day trade on Wednesday
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