Shares of Reliance Industries Ltd., the Nifty 50 heavyweight, could see an upside of up to 28% from current levels, according to global brokerage firm Goldman Sachs. The foreign brokerage, in a note dated March 28, reiterated its ‘Buy’ rating on Reliance, with a price target of ₹1,640 per share, which is a 28% upside […]
Top stock picks | Adani Green, HDFC Life, Reliance & Ramco Cements – CNBC TV18
1 / 7 Technical analyst Mitessh Thakkar of earningwaves.com shares these top stock picks for the day. 2 / 7 Buy for a target price of ₹885 with a stop loss of ₹837 Analyst: Mitessh Thakkar of earningwaves.com at 9:15 am 3 / 7 Buy for a target price of ₹1,286 with a stop loss […]
Key highlights from RIL Q3 results | Consolidated net profit climbs to ₹18,540 crore – CNBC TV18
Reliance Industries Ltd (RIL), led by Mukesh Ambani, reported a 7.38% year-on-year (YoY) increase in its consolidated net profit for the December quarter, reaching ₹18,540 crore, up from ₹17,265 crore in the same quarter last year. The oil-to-telecom conglomerate’s consolidated revenue also grew by 6.97% YoY, totalling ₹ 2,43,865 crore compared to ₹2,27,970 crore in […]
Reliance Industries Q3FY25 net profit rises over 7%, revenue at ₹2.40 lakh crore – CNBC TV18
Reliance Industries Ltd (RIL), led by billionaire Mukesh Ambani, reported robust financial results for the third quarter of FY25, driven by solid performances in its Digital Services, Retail, and Oil-to-Chemicals (O2C) segments. The conglomerate posted a consolidated net profit of ₹18,540 crore for Q3FY25, marking a 7% year-on-year (YoY) increase from ₹17,265 crore in the […]
Trade Setup for January 16: Nifty recovery hinges on three key results, weekly expiry – CNBC TV18
After a gradual upside bounce on Tuesday, the Nifty 50 index extended its breather rally on Wednesday, trading in a range-bound manner between 23,150 and 23,300 levels. The index opened on a positive note and and shifted into a narrow range of movement, with volatility continuing throughout the session. Despite this, Nifty managed to hold […]
Reliance Industries shares may see sharp short covering once it closes above this level – CNBC TV18
Shares of Reliance Industries Ltd. are trading with gains of close to 2% on Friday’s trading session. The stock is seeing a recovery from the lows of ₹1,217, which it had declined to on November 21. The recovery comes after the stock had corrected over 20% from its recent peak of ₹1,608. Reliance Industries also […]
Top stock picks | Exide, L&T Finance, Zomato, Dmart, NMDC and City Union Bank on the radar – CNBC TV18
1 / 17 Technical analysts Hemen Kapadia of DRChoksey Finserv, Mitessh Thakkar of earningwaves.com and Shrikant Chouhan of Kotak Securities along with Avani Bhatt, Senior VP-Equity Derivatives Research at JM Financial Services share their top stock picks for the day. 2 / 17 Buy for a target price of ₹2,600 with a stop loss of […]
Reliance Industries shares may see 32% upside on ‘compelling’ risk-reward, says Jefferies – CNBC TV18
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 in […]
Trade Setup for September 13: Nifty bulls aim to end week on a high by crossing 25,500 – CNBC TV18
Thursday’s trading session can be categorised into two halves. The first half is until 2 PM, and the second half post that. Post 2 PM, it was a one-way move for the market. Until then, the Nifty, which struggled to cross 25,000 for the better part of the day, crossed 25,200, 25,300 and even made […]
Marketbuzz Podcast with Kanishka Sarkar: Market likely headed for gap-up start, Reliance shares in focus – CNBC TV18
Welcome to CNBC-TV18’s Marketbuzz Podcast. Here are all top developments from around the world ahead of the trading session of September 5 -Wednesday’s session finally brought to an end the 14-day rally, as Dalal Street sold off in-line with the meltdown seen in global equity markets overnight.The Nifty recovered more than 100 points from the […]