Reliance post AGM: Stock up 3% in Monday's trade. However, in the past six months, RIL has underperformed the market by falling 15%, as against 10% decline in the BSE Sensex.
Reliance Industries Limited has guided to more than double consolidated Ebitda over the next five years, with a $125-150 billion exports enablement target by 2032.
Amar Deo Singh said that RIL is methodically evolving into a diversified, technology-enabled, green conglomerate deeply aligned with India's Viksit Bharat 2047 vision.
Stocks to Watch today: RIL, RVNL, Voltas, Sun Pharma, TaMo, Bharat Forge, Dalmia Bharat are among other stocks that will be in focus today.
RIL is entering a value unlocking cycle (Jio IPO), capex monetisation phase (New Energy) and platform expansion phase (AI & Retail/FMCG) with clear visibility on Ebitda doubling in 5 years.
Movement in the stock market will hinge on the outcome of talks between the US and Iran, crude oil prices and trading activity of foreign investors in the holiday-shortened week ahead, analysts said. Technical-level talks will be held in Burgenstock, Switzerland, on Sunday between the US and Iran. US Vice President JD Vance was initially supposed to hold a first round of talks with senior Iranian officials on Friday at a mountainside resort in the tiny Swiss village of Obburgen, but his Iranian counterparts cancelled their plans to attend because of escalating fighting between Israel and Iranian-backed Hezbollah in Lebanon. Stock markets would remain closed on Friday for Muharram. "Investor attention in the week ahead is likely to remain firmly focused on developments surrounding the US-Iran peace process. Crude oil prices will remain a key variable, with continued stability supporting India's macroeconomic outlook, while any deterioration in Middle East relations could reignite ..
Sensex Today | Stock Market Highlights, Friday: Reliance Industries share price settled 1.2 per cent lower at ₹1,312 after Chairman Mukesh Ambani announced Jio Platforms' IPO papers were being filed
In the past six months, the stock price of the company surged 78 per cent, as compared to 10 per cent decline in the BSE Sensex.
Share price of Panama Petrochem zoomed 18% to hit a new high at ₹484.40 on the back of two-fold jump in trading volume on Friday.
Redington share price today: Redington is one of Apple's key distribution and supply chain partners in India. It distributes iPhones, iPads, MacBooks and other Apple products in the country.
Share price of VA Tech Wabag hit a 52-week high of ₹1,919, surging 5% on the BSE in Friday's intra-day trade. The stock now quotes close to its all-time high of ₹1,943.95 hit on December 9, 2024.
NSE IPO impact: Shares of LIC were quoting higher for the sixth straight trading day, rallying 15 per cent during the period.
Market Crash Today: IT stocks fell up to 8 per cent after Accenture lowered its annual revenue growth forecast. The Nifty IT index crashed 6.4% to 26,634.50 -- its lowest level since April 21, 2023.
Investec noted that gold NBFCs are dependent on the gold price, with negligible volume growth. It expects a 12 per cent gold price appreciation in line with long-term history.
Dividend stocks: CARE Ratings, Supreme Industries, Sona BLW Precision Forgings, and Allied Blenders and Distillers are among the companies that will go ex-dividend next week
Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty signalled a flat open for the benchmark Nifty50 index. Most Asian markets declined
In the past one month, the stock price of RR Kabel surged 21 per cent, as against 2.5 per cent rise in the BSE Sensex.
As per the India-UK FTA, New Delhi will be reducing duty on UK whisky and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of the deal.
In the past two trading days, IFCI's stock price corrected 16% from its 52-week high amid profit booking after the NSE filed the DRHP for its long-awaited IPO.
Kirloskar Ferrous Industries has received a contract valued at approximately $13.51 million from a buyer based in London, United Kingdom.