[ad_1] Nifty 50 heavyweight Reliance Industries Ltd. (RIL) reported its December quarter results after market hours on Thursday, January 16. The company delivered a strong quarter, driven by robust performance in its O2C (Oil-to-Chemicals) and Retail segments, while the Telecom and Oil & Gas businesses performed in line with expectations. Company Value Change %Change The […]
Reliance Industries shares may see 32% upside on ‘compelling’ risk-reward, says Jefferies – CNBC TV18
[ad_1] Global brokerage firm Jefferies has assigned a ‘Buy’ rating to Reliance Industries Ltd., and a price target of ₹1,700 per share. The price target implies a potential upside of 32% from Monday’s closing levels. The index heavyweight had rallied 3% on Monday, and was the second-highest contributor to the Nifty 50 upside. Jefferies wrote […]
Reliance Industries shares can rise 36% based on these triggers, as per Morgan Stanley – CNBC TV18
[ad_1] Shares of Reliance Industries Ltd., the Nifty 50 heavyweight and Mukesh Ambani-owned oil-to-telecom-to-retail conglomerate, have a potential upside of 36%, according to global brokerage firm Morgan Stanley, which has maintained its bullish stance on the counter. Reliance shares have corrected 24% from its recent peak of ₹1,608.80, adjusted for the 1:1 bonus issue of […]
Trade Setup for November 18: Nifty braces for more volatility as global cues turn adverse – CNBC TV18
[ad_1] It has been another painful week for the Nifty, which ended in the red for the sixth straight day. The Nifty 50 shed 26 points to settle at 23,533, while the Sensex fell 111 points to close at 77,580 in Thursday’s trading session. The market delivered negative returns for the second consecutive week, with […]
Reliance Industries shares gets their highest price target on the Street from Nuvama – CNBC TV18
[ad_1] Shares of Reliance Industries Ltd. opened over a percent higher in trade on Friday (August 30). Most analysts tracking RIL have retained their bullish outlook on the Nifty 50 heavyweight following the company’s Annual General Meeting (AGM). Domestic brokerage firm Nuvama Institutional Equities has a price target of ₹3,786 per share on Reliance, which […]
Reliance AGM 2024: Plans to grow Retail revenue, EBITDA by two-fold in three to four years – CNBC TV18
[ad_1] Reliance Retail, a subsidiary of Reliance Industries Ltd., is planning to grow its revenue and its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) by two fold over the next three to four years, said Chairman and Managing Director Mukesh Ambani. While addressing the company’s Annual General Meeting (AGM) on Thursday, August 29, Ambani […]
Reliance Industries to consider 1:1 bonus issue on September 5 – CNBC TV18
[ad_1] Nifty 50 heavyweight Reliance Industries Ltd. has informed the exchanges that it will hold a board meet on September 5 to consider an issue of bonus shares in the ratio of 1:1. Record date for the said bonus issue is yet to be determined. “A meeting of the Board of Directors of the […]
Reliance Industries gets thumbs up from analysts, spotlight on Jio ahead of AGM – CNBC TV18
[ad_1] Reliance Industries Ltd. shares were trading a percent higher on Friday (August 23) as the oil-to-telecom conglomerate received a thumbs up from analysts ahead of the August 29 Annual General Meeting (AGM). Global brokerage firm Bernstein has maintained an ‘Outperform’ rating on the Nifty 50 heavyweight, with a revised price target of ₹3,440, up […]