Reliance Industries shares: Goldman Sachs says selling in stock ‘overdone’, cuts target price
4 days, 23 hours ago

Reliance Industries shares: Goldman Sachs says selling in stock ‘overdone’, cuts target price

Live Mint  

Following an over 17 per cent decline in the last one year, global brokerage firm Goldman Sachs said the recent sell-off in Reliance Industries Ltd shares is "overdone," with the stock price now nearing its "bear case" valuation. However, Goldman Sachs remains confident that RIL’s FY26 EBITDA will grow by 24 per cent year-on-year, supported by favourable dynamics such as large permanent capacity closures in the refining sector in CY25, macroeconomic improvements driving retail sales, and progress in the energy segment. Revised Financial Projections Goldman Sachs revised its EBITDA estimates for FY25, FY26, and FY27 downward by 2.8 per cent, 4.1 per cent, and 3.9 per cent, respectively. Q3 FY25 Earnings Forecast For the third quarter of FY25, Goldman Sachs anticipates RIL's core EBITDA to grow 5 per cent sequentially but remain flat year-on-year.

Business Growth Retail Jio Cent Goldman Sachs Ebitda Goldman Brokerage Sachs Fy25 Fy26 Refining Fy26 Ebitda  overdone  target  sachs  price  ebitda  business  refining  goldman  industries  retail  fy25  selling  growth  shares  cent  brokerage  reliance  stock

History of this topic

Reliance shares: Bernstein, Jefferies bullish on Mukesh Ambani company, see up to 36% upside potential; stock rises 2%
1 week ago

Reliance shares: Bernstein, Jefferies bullish on Mukesh Ambani company, see up to 36% upside potential; stock rises 2%

Live Mint  

Shares of Reliance Industries Limited rose by over 2 per cent in intra-day trading on Wednesday, January 8, as global brokerage firms Bernstein and Jefferies reiterated their bullish views on the stock. According to Bernstein, Jio’s Average Revenue Per User is anticipated to grow by 12 per cent in the near term, even without tariff hikes, supported by subscriber growth …

Reliance share price jumps nearly 2%. Is there more upside and should you buy?
Trending News
1 week ago

Reliance share price jumps nearly 2%. Is there more upside and should you buy?

India Today  

Shares of Reliance Industries Limited climbed over 2% on Wednesday, following a bullish note from foreign brokerage firm Jefferies. The firm reiterated its 'BUY' rating on the heavyweight stock, setting a target price of Rs 1,690, indicating a potential upside of over 30% from current levels. However, the brokerage now expects mid-teens growth in the retail segment, a potential listing …

Stocks to buy: Reliance, L&T, SBI among 12 high conviction large-cap ideas by Mirae Asset Sharekhan for 2025
3 weeks ago

Stocks to buy: Reliance, L&T, SBI among 12 high conviction large-cap ideas by Mirae Asset Sharekhan for 2025

Live Mint  

Stocks To Buy: Bharti Airtel, DLF, ICICI Bank, Jubilant Foods, Larsen & Toubro, Mahindra & Mahindra, Reliance Industries, State Bank of India, Sun Pharmaceutical Industries, Tata Motors, Tata Consultancy Services, and UltraTech are the 12 high conviction large-cap investment ideas by Mirae Asset Sharekhan for 2025. Large-cap stock ideas Bharti Airtel: The target price of ₹1870 by Mirae Asset Sharekhan …

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock
3 weeks, 2 days ago

Reliance shares price poised for 50% returns? 5 key reasons why Mirae Asset Sharekhan is bullish on the stock

Live Mint  

Stock Market Today: Reliance Industries share price remains in a downtrend after hitting a one-year or 52-week high of ₹1,608.95 in July. Mirae Asset Sharekhan has given a target price of ₹1817 for Reliance Industries shares as they remain among its top conviction investment ideas. Jio has revolutionised the Indian telecommunications industry, becoming the dominant player in the domestic telecom …

Reliance share price jumps 8% in 10 sessions; will this upward momentum sustain?
1 month, 1 week ago

Reliance share price jumps 8% in 10 sessions; will this upward momentum sustain?

Live Mint  

Shares of Reliance Industries, India's largest company by market capitalisation, have rebounded strongly in recent sessions, climbing 8% in the last 10 trading days to ₹1,322 apiece. According to domestic brokerage JM Financial, the recent weakness in Reliance Industries' stock can be attributed to a 5-6% downgrade in consensus FY25 EBITDA estimates, driven by weaker-than-expected performance in the O2C and …

Reliance share price jumps 2% on THIS acquisition buzz. More upside possible?
1 month, 2 weeks ago

Reliance share price jumps 2% on THIS acquisition buzz. More upside possible?

Live Mint  

Reliance share price: Shares of oil-to-telecom-to-retail conglomerate Reliance Industries jumped over 2 per cent in intraday trade on BSE on Friday, November 29, a day after the company announced its wholly-owned subsidiary acquired a 21 per cent stake in the US-based Wavetech Helium, Inc. for $12 million. "Reliance Finance and Investments USA LLC, a step-down wholly owned subsidiary of the …

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%
Top News
1 month, 2 weeks ago

Reliance Industries Share Price Today on 26-11-2024: Reliance Industries share price are up by 0.3%, Nifty down by -0.01%

Live Mint  

Reliance Industries Share Price Today on 26-11-2024: At 26 Nov 11:15 today, Reliance Industries shares are trading at price ₹1291.65, 0.3% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at …

Reliance share price jumps 3%; experts see Russia-Ukraine war connect
1 month, 3 weeks ago

Reliance share price jumps 3%; experts see Russia-Ukraine war connect

Live Mint  

Reliance share price: Extending its rally for the second consecutive session, Reliance Industries share price saw strong buying interest during the early morning trade on Monday, November 25. Reliance share price saw a gap-up start and hit an intraday high of ₹1,304.45 on the NSE, marking a gain of around 3 per cent. Soaring oil prices to aid margins Experts …

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%
Top News
1 month, 3 weeks ago

Reliance Industries Share Price Today on 25-11-2024: Reliance Industries share price are up by 2.69%, Nifty up by 1.81%

Live Mint  

Reliance Industries Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Reliance Industries shares are trading at price ₹1300, 2.69% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at …

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%
1 month, 3 weeks ago

Reliance Industries Share Price Today on 22-11-2024: Reliance Industries share price are up by 1.39%, Nifty up by 1.04%

Live Mint  

Reliance Industries Share Price Today on 22-11-2024: At 22 Nov 12:09 today, Reliance Industries shares are trading at price ₹1240.2, 1.39% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%
2 months ago

Reliance Industries Share Price Today on 12-11-2024: Reliance Industries share price are up by 0%, Nifty down by -1.07%

Live Mint  

Reliance Industries Share Price Today on 12-11-2024: At 12 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.1, 0% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%
2 months ago

Reliance Industries Share Price Today on 11-11-2024: Reliance Industries share price are down by -0.85%, Nifty down by -0.03%

Live Mint  

Reliance Industries Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Reliance Industries shares are trading at price ₹1273.05, -0.85% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%
2 months, 1 week ago

Reliance Industries Share Price Today on 07-11-2024: Reliance Industries share price are down by -1.5%, Nifty down by -1.16%

Live Mint  

Reliance Industries Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Reliance Industries shares are trading at price ₹1305.65, -1.5% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%
2 months, 1 week ago

Reliance Industries Share Price Today on 06-11-2024: Reliance Industries share price are up by 1.5%, Nifty up by 1.12%

Live Mint  

Reliance Industries Share Price Today on 06-11-2024: At 06 Nov 16:00 today, Reliance Industries shares are trading at price ₹1325.55, 1.5% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Stocks to Watch Today: Five Growth Opportunities to Consider
2 months, 3 weeks ago

Stocks to Watch Today: Five Growth Opportunities to Consider

Live Mint  

The Indian stock market experienced a recovery in the second half of the trading session on Friday, October 18, with the Sensex gaining 0.27% and the Nifty 50 gaining 0.42%. Bank Nifty saw a positive start to the earnings season, with Bank Nifty recouping the current week losses on account of lower-than-expected slippages. The technical outlook for the Nifty remains …

Reliance Industries 47th AGM: RIL To Consider 1:1 Bonus Share Issue At Sept 5 Board Meeting
4 months, 2 weeks ago

Reliance Industries 47th AGM: RIL To Consider 1:1 Bonus Share Issue At Sept 5 Board Meeting

ABP News  

Reliance Industries 47th AGM: Chairman and Managing Director of Reliance Industries, Mukesh Ambani, said during the RIL's Annual General Meeting on Thursday that the RIL is set to discuss a proposed 1:1 bonus share issue at its upcoming board meeting on September 5. "At 1.45 pm today, Reliance Industries Limited has sent a notice to the stock exchanges that the …

RIL AGM: Reliance Industries set to discuss 1:1 bonus shares on September 5
4 months, 2 weeks ago

RIL AGM: Reliance Industries set to discuss 1:1 bonus shares on September 5

India Today  

Reliance Industries Ltd, India’s most valuable company, is set to discuss a 1:1 bonus share issue at its board meeting scheduled for September 5. In an official statement filed with the stock exchange on August 29, RIL confirmed that its Board of Directors would meet to consider recommending the issuance of bonus shares in the ratio of 1:1 to existing …

Reliance share price: UBS Research expects 10% further upside led by growth trends in Jio and retail
6 months, 1 week ago

Reliance share price: UBS Research expects 10% further upside led by growth trends in Jio and retail

Live Mint  

Stock Market Today: Reliance Industries share price having gained more than 20% year to date is poised for more upside believe analysts. UBS Research target price of ₹3420 indicates almost 10% more upside for Reliance Industries share price trading at close to ₹3110 levels Consumer business to drive earnings. UBS expects Reliance Q1 FY25 Ebitda at around ₹40,200 core, up …

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?
6 months, 2 weeks ago

Reliance shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?

Hindustan Times  

Morgan Stanley said that Reliance Industries Ltd can add up to $100 billion to it market capitalisation in its fourth monetisation cycle this century as new cash flow streams emerge and valuation multiples catch up. Investments made in new energy, retail expansion to take market share from the unorganised sector, and repurposing of existing energy businesses provide a long runway …

RIL Q4 results today: Here are key things to track and look out for
8 months, 3 weeks ago

RIL Q4 results today: Here are key things to track and look out for

Hindustan Times  

Reliance Q4 results today: Mukesh Ambani-led Reliance Industries Ltd. is set to release its March quarter results today. Date and time of RIL Q4 results: Reliance Industries- India’s largest company in terms of market capitalisation- will declare the results of the fourth quarter of financial year 2023-24 today. RIL Q4 results expectations: Prabhudas Lilladher expects the conglomerate to report 10.7 …

Reliance share price jumps over 3% after Goldman Sachs raises target price on stock, sees 54% upside potential
9 months, 2 weeks ago

Reliance share price jumps over 3% after Goldman Sachs raises target price on stock, sees 54% upside potential

Live Mint  

Reliance share price gained over 3% on Wednesday after foreign brokerage firm Goldman Sachs raised the target price on the stock. In its base case, Goldman Sachs has maintained a ‘Buy’ rating on energy-to-telecom conglomerate Reliance Industries and raised the price target on the stock to ₹3,400 from ₹2,925 earlier, implying a potential upside of 17% from Tuesday’s closing price. …

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore
11 months ago

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore

Hindustan Times  

Mukesh Ambani-led Reliance Industries Limited became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. Mukesh Ambani, chairman of Reliance Industries Limited, The market valuation of the company surged to ₹20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at ₹19,81,635.72 crore. On the NSE, shares of Reliance Industries rose nearly 1.89 …

Reliance share price at record high: What exactly is happening and why
11 months, 2 weeks ago

Reliance share price at record high: What exactly is happening and why

Hindustan Times  

Shares of Reliance Industries are trading at a record high today which has led to the stock crossing market capitalisation of ₹19 lakh crore for the first time. Reliance Share Price: Reliance Industries Chairman, and Managing Director Mukesh Ambani. With its market capitalisation crossing ₹19 lakh crore, Reliance Industries is the most valued company in the Indian stock market. This …

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore
11 months, 3 weeks ago

Reliance Industries posts 9 per cent surge in Q3 net profit to Rs 17,265 crore

India TV News  

Reliance Industries Limited reported a 9 per cent rise in its third quarter net profit which stood at Rs 17,265 crore. Jio Platforms Limited witnessed an 11.4 per cent Y-o-Y increase in revenue, driven by robust subscriber growth in mobility and homes, along with improved average revenue per user. Reliance Retail Ventures Limited showed a strong performance, with a 22.8 …

Reliance Industries to announce Q3FY24 results on 19 January
1 year ago

Reliance Industries to announce Q3FY24 results on 19 January

Live Mint  

India's multinational conglomerate Reliance Industries Limited will announce its third-quarter results on 19 January. In a regulatory filing, the company informed that a presentation to analysts and media on the financial results ending 31 December 2023 will be made on the same day after the board's meeting. “We wish to inform you that pursuant to Regulation 29 and other applicable …

Reliance Industries shares gain ahead of Q2 results
1 year, 2 months ago

Reliance Industries shares gain ahead of Q2 results

Live Mint  

Reliance Industries share price traded over 2% higher on Friday ahead of the announcement of financial results for the quarter ended September 2023. The billionaire Mukesh Ambani-led energy-to-telecom conglomerate Reliance Industries is expected to show a healthy rise in net profit and operating income during the second quarter of FY24 led by a decent growth in oil to chemicals segment …

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz
1 year, 2 months ago

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz

Live Mint  

Reliance Industries Q2 Results Highlights: Billionaire Mukesh Ambani-led Reliance Industries announced its July-September quarter results for fiscal 2023-24, reporting a rise of 27 per cent in consolidated net profit at ₹17,394 crore, compared to ₹13,656 crore in the corresponding period last year. Reliance Industries Q2 Earnings Live: RIL's media biz Revenue from operations for the segment grew 20.4 per cent …

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%
1 year, 4 months ago

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

Business Standard  

Shares of Reliance Industries Limited were flat at Rs 2,483 apiece on the BSE in Monday's intra-day trade ahead of 46th annual general meeting. As of 10:55 am, shares of JFSL were up 4.7 per cent to Rs 222 apiece on the BSE, while the stock clinched itself as top Nifty50 performer, up 3.7 per cent on the NSE. In …

Reliance share price volatile ahead of 46th AGM
1 year, 4 months ago

Reliance share price volatile ahead of 46th AGM

Live Mint  

Reliance Industries share price opened nominally higher but traded volatile in early deals on Monday ahead of the company's 46th Annual General Meeting. Prashanth Tapse, Senior VP of Research at Mehta Equities underscored that all eyes would be on RIL AGM and its announcement focusing on Jio Financial's future outlook post-demerger and other high hopes on Future Retail IPO, Reliance …

QIA to invest ₹ 8,278 crore in RIL’s retail arm for 0.99%
1 year, 4 months ago

QIA to invest ₹ 8,278 crore in RIL’s retail arm for 0.99%

Live Mint  

NEW DELHI, BENGALURU : Sovereign wealth fund Qatar Investment Authority has agreed to invest ₹8,278 crore into the retail arm of Reliance Industries Ltd, marking a fresh round of investments into Reliance Retail Ventures Ltd after the country’s largest retailer raised ₹47,265 crore in 2021. Between 2020-21, RIL raised ₹47,265 crore by selling a little more than 10% in RRVL …

RIL shares volatile as all eyes on 46th AGM; experts positive on the stock
1 year, 4 months ago

RIL shares volatile as all eyes on 46th AGM; experts positive on the stock

Live Mint  

A day after suffering a loss of 1.50 per cent, shares of Reliance Industries traded volatile in the morning trade on BSE on Tuesday, August 22 as investors fix their eyes on the company's 46th Annual General Meeting on Monday, August 28 at 2:00 pm. Jio Financial Services Limited, formerly known as Reliance Strategic Investments Limited, the demerged financial arm …

Jio Financial Services Listing Highlights: JFSL shares close at 5% lower circuit at ₹251.75 apiece on listing day
1 year, 4 months ago

Jio Financial Services Listing Highlights: JFSL shares close at 5% lower circuit at ₹251.75 apiece on listing day

Live Mint  

Jio Financial Services Listing Highlights: Jio Financial Services Ltd shares made a lacklustre debut on the stock exchanges on Monday. Jio Financial Services Listing LIVE Updates: Reliance shares fall 1.5% after JFSL listing Reliance Industries share price declined over a percent after the Jio Financial Services share listing on Monday. Jio Financial Services Listing LIVE Updates: No intraday trading allowed …

Jio Financial Services hits 5% lower circuit after listing. Here's why
1 year, 4 months ago

Jio Financial Services hits 5% lower circuit after listing. Here's why

India Today  

Shares of Jio Financial Services, the demerged financial arm of Reliance Industries Limited, hit a 5 per cent lower circuit on the stock exchanges. Jio Financial Services, the demerged financial arm of Reliance Industries, made its stock market debut at Rs 262 per share on the National Stock Exchange and Rs 265 on the Bombay Stock Exchange. However, shares of …

Reliance Industries Q1FY24 Net Profit Declines 6% Dented By Oil-To-Chemicals Performance
1 year, 5 months ago

Reliance Industries Q1FY24 Net Profit Declines 6% Dented By Oil-To-Chemicals Performance

News 18  

Reliance Industries Ltd reported on July 21 a year-on-year decrease of 6 percent in the consolidated net profit at Rs 18,258 crore in the first quarter of the financial year 2023-24 as muted performance in the oil-to-chemicals partly offset the strong growth in consumer-facing businesses The conglomerate’s consolidated total revenue in the June quarter declined to Rs 231,132 crore from …

RIL Q1 Results: Net profit falls 10% to ₹16,011 cr as O2C biz offsets overall growth; retail, telecom arms thrive
1 year, 5 months ago

RIL Q1 Results: Net profit falls 10% to ₹16,011 cr as O2C biz offsets overall growth; retail, telecom arms thrive

Live Mint  

RIL Q1 results LIVE: Reliance Industries Ltd announced its April-June quarter results for the current fiscal today, a day after the demerger of its financial services arm. RIL Q1 results LIVE: Reliance Retail posts record revenue, EBITDA in June quarter Reliance Retail net profit rises 18.8 per cent to ₹2,448 crore in the April-June quarter of current fiscal. RIL Q1 …

Jio Financial Services to become the second largest shadow lender by market cap
1 year, 5 months ago

Jio Financial Services to become the second largest shadow lender by market cap

Live Mint  

Jio Financial Services, the financial arm of Reliance Industries Ltd, has unsettled shadow lenders space in the country by claiming the second spot. Post demerging with RIL on Thursday, Jio Financial Services boasts off an implied market capitalisation of ₹1.6 lakh crore, that's way behind Bajaj Finance m-cap of ₹4.59 lakh crore, but significantly higher to its contemporaries in the …

Reliance-Jio Financial demerger defies all bets, JFSL valued at ₹261.85/share
1 year, 5 months ago

Reliance-Jio Financial demerger defies all bets, JFSL valued at ₹261.85/share

Hindustan Times  

The Mukesh Ambani-led Reliance Industries Limited on Thursday demerged its financial section Jio Financial Services Limited at a 1:1 ratio. After the special pre-opening session by the National Stock Exchange, RIL was valued at ₹2,580 and JFSL at ₹261.85 per share, much higher than what analysts predicted. Reliance Industries Limited logo On the Bombay Stick Exchange, which also conducted a …

RIL-Jio Financial demerger could give tough competition to existing NBFC players
1 year, 5 months ago

RIL-Jio Financial demerger could give tough competition to existing NBFC players

Live Mint  

The demerger of Jio Financial Services from diversified conglomerate Reliance Industries will create a non-banking financial behemoth with a size of approximately ₹1.5 lakh crore which could pose a tough challenge to existing non-banking financial companies, according to experts. "Keeping in mind the track record of Reliance Industries of disrupting the businesses it has entered in the past, we believe …

Reliance demerger: Jio Financial Services valued at ₹261.85
1 year, 5 months ago

Reliance demerger: Jio Financial Services valued at ₹261.85

Live Mint  

New Delhi: Jio Financial Services was valued at ₹261.85 per share on the National Stock Exchange at the end of a special pre-open call auction session conducted in the capital market segment for price discovery on Thursday. Analysts at JP Morgan had said that the implied value for Jio Financial Services currently stood at ₹189 per share and is based …

Reliance demerger: Jio Financial Services valued at ₹261.85
1 year, 5 months ago

Reliance demerger: Jio Financial Services valued at ₹261.85

Live Mint  

New Delhi: Jio Financial Services was valued at ₹261.85 per share on the National Stock Exchange at the end of a special pre-open call auction session conducted in the capital market segment for price discovery on Thursday. Analysts at JP Morgan had said that the implied value for Jio Financial Services currently stood at ₹189 per share and is based …

RIL share price opens at ₹2,580 after Jio Financial demerger
1 year, 5 months ago

RIL share price opens at ₹2,580 after Jio Financial demerger

Live Mint  

Reliance Industries - JIO financial Services Demerger: Reliance Industries share price opened at ₹2,580 per share ex-Jio Financial Services after the special pre-open call auction session on the stock exchanges Thursday. Meanwhile, the Jio Financial Services share price was valued at ₹261.85 per share after the pre-opening session. Analysts at JP Morgan had said that the implied value for Jio …

Reliance-JFSL demerger: Jio Financial Services shares to list at ₹273 on NSE
1 year, 5 months ago

Reliance-JFSL demerger: Jio Financial Services shares to list at ₹273 on NSE

Live Mint  

Reliance-JFSL demerger: The Jio Financial Services share price would list on the National Stock Exchange at ₹273 per share. This calculation came after Reliance share price settling on NSE at ₹2,580 per share in special pre-open session on Thursday as the RIL stock had ended at ₹2,853 apiece on NSE. Speaking on Jio Financial Services share price listing after cost …

RIL share price hits new 52-week high ahead of Jio Financial Services demerger
1 year, 5 months ago

RIL share price hits new 52-week high ahead of Jio Financial Services demerger

Live Mint  

Reliance Industries shares witnessed minor gains on Wednesday early trade ahead of demerger of Jio Financial Services. The planned demerger of Jio Financial Services had been approved by the National Company Law Tribunal, RIL reported in a BSE filing on July 8th. Last September, RIL stated that its financial services division would be demerged and listed separately on the stock …

Reliance share price may see 35% upside: Jefferies
1 year, 6 months ago

Reliance share price may see 35% upside: Jefferies

Live Mint  

Reliance Industries share price gained on Wednesday after Jefferies maintained a Buy rating on the stock as it sees faster revenue growth in the retail segment and accelerated broadband traction in Jio. However, in its upside scenario, Jefferies expects the stock to reach ₹3,450, assuming recovery in GRMs and petchem margins ahead of its estimates and faster consolidation in telecom, …

Reliance Industries share price may see over 20% upside, say brokerages
1 year, 8 months ago

Reliance Industries share price may see over 20% upside, say brokerages

Live Mint  

Reliance Industries share price can witness a sharp upside of 25% led by recovery in petchem business amid a sustainable competitive advantage on scale economics, cost leadership, financial strength, global brokerages said. It believes listing of Jio Financial Services and more updates on the retail business in this year’s annual general meeting can help narrow RIL’s relative underperformance to Nifty. …

Stocks to buy: HAL, M&M, RIL among six stocks to buy for the short term
1 year, 8 months ago

Stocks to buy: HAL, M&M, RIL among six stocks to buy for the short term

Live Mint  

Frontline index Nifty opened 60 points higher at 18,124.80 on May 2 despite mixed global cues. Analysts say one can buy these stocks for the next 3-4 weeks: Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher Hindustan Aeronautics | Target price: ₹ 3,100 | Stop loss: ₹ 2,820 HAL has been in consolidation for quite some time in the …

LTIMindtree shares rise over 1% ahead of Q4FY23 numbers
1 year, 8 months ago

LTIMindtree shares rise over 1% ahead of Q4FY23 numbers

Live Mint  

Shares of LTIMindtree rose over a per cent in early trade on BSE on Thursday ahead of the company's January-March quarter result of the financial year 2022-23. Brokerage firm Axis Securities expects LTIMindtree to report a 23.7 per cent year-on-year and 3.3 per cent quarter-on-quarter rise in the IT firm's revenue driven by the large deal ramp-up. As per the …

RIL shares dip ahead of Q4; key things to watch out for
1 year, 8 months ago

RIL shares dip ahead of Q4; key things to watch out for

Live Mint  

Shares of Mukesh Ambani-led Reliance Industries edged higher in Friday's trade at ₹2353.90 versus the previous day close of ₹2345, but could not sustain the gains and soon turned in the red. The stock has gained 3.16 per cent in the last one month, while on a year-to-date basis RIL shares fell 9.09 per cent. Ahead of Q4 results, RIL …

RIL shares tumble ahead of Q4 earnings. Good buying opportunity?
1 year, 8 months ago

RIL shares tumble ahead of Q4 earnings. Good buying opportunity?

Live Mint  

Shares of Reliance Industries Ltd fell in Thursday's trade ahead of the oil-to-telecom major's March quarter results on Friday, 21 April. Here are 5 things to watch out for in RIL results - Profitability RIL's consolidated PAT is expected to increase by 7 per cent sequentially to ₹16,960 crore due to higher Oil-to-chemicals earnings and decent growth from Jio and …

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