Reliance Industries Rights Entitlement shares command 7% premium over intrinsic value on Day 4
4 years, 7 months ago

Reliance Industries Rights Entitlement shares command 7% premium over intrinsic value on Day 4

Firstpost  

The de-materialised trading of Reliance Industries Ltd - Rights Entitlement continued to draw strong demand on day four on Tuesday with an average premium of more than 7 percent over the intrinsic value Mumbai: The de-materialised trading of Reliance Industries Ltd - Rights Entitlement continued to draw strong demand on day four on Tuesday with an average premium of more than 7 percent over the intrinsic value. While oil-to-telecom behemoth RIL’s Rs 53,125 crore mega rights issue opened for subscription by shareholders last week, it became the first issue where eligible shareholders got the rights entitlements in demat, which could be traded on stock exchanges. RIL-REs on an average commanded a premium of Rs 12.07 on Tuesday, over 7 percent premium over the intrinsic value, according to stock exchange data. RE’s intrinsic value is the difference between RIL share price and the rights issue price of Rs 1,257.

Rights Premium Crore Issue Value Ril Intrinsic Value Stock Exchanges Intrinsic Entitlement  traded  day  issue  rs  crore  shares  stock  entitlement  value  rights  premium  industries  command  reliance  price  intrinsic

History of this topic

Reliance shares: Bernstein, Jefferies bullish on Mukesh Ambani company, see up to 36% upside potential; stock rises 2%
1 day, 13 hours 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 day, 19 hours 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 …

Reliance share price jumps 8% in 10 sessions; will this upward momentum sustain?
1 month 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, 1 week 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 Power Share Price Today on 25-11-2024: Reliance Power share price are up by 4.34%, Nifty up by 1.79%
1 month, 2 weeks ago

Reliance Power Share Price Today on 25-11-2024: Reliance Power share price are up by 4.34%, Nifty up by 1.79%

Live Mint  

Reliance Power Share Price Today on 25-11-2024: At 25 Nov 11:28 today, Reliance Power shares are trading at price ₹36.56, 4.34% up from the previous closing price. On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at …

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, 2 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, 2 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%
1 month, 4 weeks 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%
1 month, 4 weeks 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 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 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. …

RIL AGM: Reliance Industries set to discuss 1:1 bonus shares on September 5
4 months, 1 week 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 shares can create up to $100 billion wealth, Morgan Stanley predicts. Should you invest?
6 months, 1 week 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 …

Reliance share price jumps over 3% after Goldman Sachs raises target price on stock, sees 54% upside potential
9 months, 1 week 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
10 months, 3 weeks 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, 1 week 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
11 months, 4 weeks 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-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 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 …

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 …

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 …

Adani’s FPO fully subscribed as high net worth individuals offset retail wariness
1 year, 11 months ago

Adani’s FPO fully subscribed as high net worth individuals offset retail wariness

The Hindu  

The ₹20,000 crore follow-on public offer from Adani Enterprises Ltd. was fully subscribed on the last day of the record share sale on Tuesday, after high net worth individuals and institutional investors bid strongly and more than made up for a poor to tepid response from retail investors and employees. The successful conclusion of the Adani Group flagship company’s FPO …

Reliance AGM 2022: Stocks Recoup Losses Before RIL Shareholders Meet, Up 0.11 Per Cent
2 years, 4 months ago

Reliance AGM 2022: Stocks Recoup Losses Before RIL Shareholders Meet, Up 0.11 Per Cent

ABP News  

Stocks of Reliance Industries on Monday was trading down by 0.07 per cent at Rs 2,616 apiece on the BSE during opening trade. Sensex and Nifty, the two equity benchmarks, declined sharply during early morning trade tracking weak global cues as US Federal Reserve Chair Jerome Powell delivered a stark message on Friday saying that the Fed will likely impose …

Reliance Q4 Earnings Rise By 24.5%, Becomes 1st Indian Firm To Hit $100 Billion Revenue
2 years, 8 months ago

Reliance Q4 Earnings Rise By 24.5%, Becomes 1st Indian Firm To Hit $100 Billion Revenue

ABP News  

New Delhi: Reliance Industries on Friday clocked a 24.5 per cent jump in its earnings for the quarter ended March, 2022. The consolidated net profit of Mukesh Ambani-led firm rose to Rs 16,203 crore in the quarter ended March 31, 2022 from Rs 13,227 crore earlier, the company said in a stock exchange filing. In Reliance Jio, the telecom and …

Reliance Industries Becomes 1st Indian Company to Hit $250 Billion in M-cap
2 years, 8 months ago

Reliance Industries Becomes 1st Indian Company to Hit $250 Billion in M-cap

News 18  

Reliance Industries Ltd. becomes the first Indian co to hit a market cap of $250 billion. RIL: The Heavyweight in Nifty Reliance contributes 12 per cent to Nifty’s market cap weight and makes up for nearly 10 per cent of the earnings of the index. As per a CLSA reserch report, “Reliance which contributes 12 per cent to Nifty’s market …

Reliance Industries share price hits all-time high
2 years, 8 months ago

Reliance Industries share price hits all-time high

India Today  

Reliance Industries share price hit an all-time high in early morning trade on Thursday. RELIANCE RIL SHARE PRICE Reliance Industries share price on BSE was up by 1.78 per cent or 48 points to Rs 2,766. You can track Reliance Industries share price on BSE at https://www.bseindia.com/stock-share-price/reliance-industries-ltd/reliance/500325/. Reliance Industries share price on NSE was at Rs 2,767, up by 1.80 …

Reliance Industries shares tumble 4%, m-cap tanks by ₹68,404 cr
2 years, 11 months ago

Reliance Industries shares tumble 4%, m-cap tanks by ₹68,404 cr

Live Mint  

Shares of Reliance Industries Ltd on Monday declined 4% amid profit-taking in line with an overall weak trend in the equity market. During the early trade, the market heavyweight stock gained 1% after the company reported its best-ever quarterly performance in October-December 2021. Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported its best-ever quarterly performance in October-December 2021, helped …

RIL invests ₹7,600 cr on acquisitions in first 3 qtrs to strengthen retail arms
2 years, 11 months ago

RIL invests ₹7,600 cr on acquisitions in first 3 qtrs to strengthen retail arms

Live Mint  

Reliance Industries Ltd has spent more than ₹7,600 crore over the past nine months of this fiscal towards investing in and acquiring assets to strengthen its retail business, according to Gaurav Jain, head, strategy and business development, Reliance Retail. “We have spent close to ₹7,600 crore in the first nine months in investing and acquiring assets and investing in capabilities …

RIL Q3 Results: Profit Jumps 42% to Rs 18,549 cr, Revenue Rises to Rs 1,91,271 cr
2 years, 11 months ago

RIL Q3 Results: Profit Jumps 42% to Rs 18,549 cr, Revenue Rises to Rs 1,91,271 cr

News 18  

Billionaire Mukesh Ambani owned, oil to chemical, telecom and retail conglomerate, Reliance Industries, on January 21 reported a consolidated profit after tax of Rs 18,549 crore for the quarter ended December 2021, up 42 per cent from Rs 13,101 crore registered in the corresponding quarter of the last financial year. The company had reported a profit of Rs 13,680 crore …

RIL Q2 profit jumps 46% to Rs 15,479 cr compared to last year; consolidated revenue at Rs 1.74 lakh cr – Firstpost
3 years, 2 months ago

RIL Q2 profit jumps 46% to Rs 15,479 cr compared to last year; consolidated revenue at Rs 1.74 lakh cr – Firstpost

Firstpost  

All businesses showed growth over pre-COVID levels with the digital services segment gaining record quarterly business in Q2 Reliance Industries announced Friday a record quarterly consolidated profit of Rs 15,479 crore for the quarter that ended in September 2021, registering a 46 percent increase in comparison to the same period a year ago, driven by all key – retail, digital …

Reliance AGM 2021 LIVE Updates: Mukesh Ambani RIL 44th Annual General Meeting Announcements Jio Google 5G Phone JioBook Saudi Aramco
3 years, 6 months ago

Reliance AGM 2021 LIVE Updates: Mukesh Ambani RIL 44th Annual General Meeting Announcements Jio Google 5G Phone JioBook Saudi Aramco

ABP News  

Reliance AGM 2021 HIGHLIGHTS: Billionaire Mukesh Ambani, Asia's most affluent, is addressing the shareholders at the 44th Annual General Meeting of Reliance Industries Limited, India's most valued firm by market capitalization, today virtually. Ambani, known for making big bang announcements during the AGM, is expected to cheer the shareholders with mega announcements in its core O2C business and the consumer-facing …

Reliance Industries shares maintain winning run for 7th day; M-cap crosses ₹ 14 lakh crore mark
3 years, 7 months ago

Reliance Industries shares maintain winning run for 7th day; M-cap crosses ₹ 14 lakh crore mark

The Hindu  

Shares of Reliance Industries Ltd extended its rally for the seventh consecutive day on Thursday and its market valuation crossed the Rs 14 lakh crore mark. After record fundraising and debt prepayments, Reliance Industries now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines - telecom arm Jio, retail and oil-to-chemicals …

Govt Seeks EoIs for Sale of Pawan Hans Once Again, Shortlisted Bidders to be Intimated by February 17
4 years, 1 month ago

Govt Seeks EoIs for Sale of Pawan Hans Once Again, Shortlisted Bidders to be Intimated by February 17

News 18  

After repeated failed attempts to disinvest public sector helicopter service provider, Pawan Hans, the Central government has again initiated the process of its sale and has sought expressions of interest for the Mini Ratna company. Around 2,84,316 equity shares are held by the President of India, through Ministry of Civil Aviation, aggregating to 51 per cent of the total paid-up …

How much has Reliance contributed to India's record-breaking stock market rally
4 years, 1 month ago

How much has Reliance contributed to India's record-breaking stock market rally

India Today  

Domestic stock markets in India have performed exceptionally well over the last few months and most experts predict the record-breaking rally to continue next year — a huge feat considering the dreaded impact of the coronavirus pandemic on global markets, with some still struggling to recover. RIL and India’s stock market growth Reliance shares have grown handsomely during the pandemic …

RIL's Q2 Net Profit Falls 15% To Rs 9,567 Crore As Covid-19 Impacted Fuel Demand
4 years, 2 months ago

RIL's Q2 Net Profit Falls 15% To Rs 9,567 Crore As Covid-19 Impacted Fuel Demand

ABP News  

Shapoorji Pallonji Group Wants Stakes In All Tata Group Companies As Part Of The Settlement Billionaire Mukesh Ambani-led Reliance Industries Ltd reported a 15% fall in the September quarter net profits as the coronavirus crisis gutted the demand for transportation fuels. Domestic demand has sharply recovered across our O2C business and is now near pre-Covid level for most products.” The …

RIL shares jump over 4% after ADIA invests Rs 5,512.5 crore in Reliance Retail
4 years, 3 months ago

RIL shares jump over 4% after ADIA invests Rs 5,512.5 crore in Reliance Retail

India TV News  

Shares of Reliance Industries Ltd on Wednesday gained over 4 per cent after Reliance Retail Ventures Ltd raised Rs 5,512.50 crore from Abu Dhabi Investment Authority. Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority, taking the total fundraise to Rs 37,710 crore in less than four …

As ADIA Joins the Spree with Rs 5,512.5 Cr Investment, Here's How RIL Achieved Eight Deals in Four Weeks
4 years, 3 months ago

As ADIA Joins the Spree with Rs 5,512.5 Cr Investment, Here's How RIL Achieved Eight Deals in Four Weeks

News 18  

Abu Dhabi Investment Authority will invest Rs 5,512.5 crore in Mukesh Ambani-controlled Reliance Industries into its retail division, the latest in a string of such investments in recent weeks. “With this investment, RRVL has raised Rs 37,710 crore from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA in less than four weeks,” the statement …

Reliance Retail Cracks Seven Deals in Less Than a Month, Raises More Than Rs 32,000 Cr
4 years, 3 months ago

Reliance Retail Cracks Seven Deals in Less Than a Month, Raises More Than Rs 32,000 Cr

News 18  

The retail arm of the Reliance Industries Limited’s has raised Rs 32,197.50 crore in exchange of 7.28 per cent consolidated stakes spread across seven mega deals in less than a month. The Reliance Retail Venture Ltd received investment from half a dozen global firms including Silver Lake, KKR, General Atlantic, Mubadala. On September 23, the RIL announced Rs 5,550 crore …

Reliance market cap hits ₹16-trillion mark
4 years, 3 months ago

Reliance market cap hits ₹16-trillion mark

Live Mint  

Reliance Industries Ltd briefly breached the ₹16 trillion market capitalization mark for the first time on Wednesday, as investors continued to buy the stock anticipating higher valuation in the wake of stake sales in its subsidiary Reliance Retail. On 9 September, California-based private equity fund Silver Lake picked up a 1.75% stake in Reliance Retail Ventures Ltd for ₹7,500 crore, …

Mukesh Ambani's Reliance Industries becomes first Indian firm to hit USD 150 bn m-cap
4 years, 6 months ago

Mukesh Ambani's Reliance Industries becomes first Indian firm to hit USD 150 bn m-cap

India TV News  

Reliance Industries on Monday became the first Indian firm to hit a market valuation of USD 150 billion helped by a continuous rally in its share price. Reliance Industries on Friday became the first Indian company to cross the Rs 11 lakh crore market valuation mark. Its market valuation crossed Rs 11 lakh crore in the previous session as its …

Reliance Industries market valuation crosses Rs 11 lakh crore
4 years, 6 months ago

Reliance Industries market valuation crosses Rs 11 lakh crore

India TV News  

The market valuation of Reliance Industries Ltd crossed Rs 11 lakh crore on Friday as shares rallied over 6 per cent after chairman Mukesh Ambani announced that his oil-to-telecom conglomerate had become net debt-free. Reliance Industries is also the first Indian company to cross the Rs 11 lakh crore market valuation mark. Earlier in the day, Ambani announced that Reliance …

Reliance Industries becomes debt-free after 11 financial investors pick up shares in Jio Platforms, rights issue subscribed 1.59 times
4 years, 6 months ago

Reliance Industries becomes debt-free after 11 financial investors pick up shares in Jio Platforms, rights issue subscribed 1.59 times

Firstpost  

RIL raised more than Rs 168,818 crore in just 58 days through Rs 115,693.95 crore collected from investors in Jio and another Rs 53,124.20 crore from a rights issue. With the Reliance Industries-owned Jio Platforms securing record investments from 11 of the world’s top financial investors within a span of nine weeks, the energy to telecom major announced on Friday …

Reliance Industries shares jump over 3 percent
4 years, 6 months ago

Reliance Industries shares jump over 3 percent

India TV News  

Shares of Reliance Industries on Friday reversed early losses and closed over 3 per cent higher, helping the benchmark indices to finish with gains. The heavyweight stock closed at Rs 1,588.80, a gain of 3.34 per cent on the BSE. Reliance Industries was the biggest contributor in market bounce back, as the 30-share BSE Sensex closed at 33,780.89, up 242.52 …

Mukesh Ambani gets 5.52 lakh shares in Reliance rights issue
4 years, 6 months ago

Mukesh Ambani gets 5.52 lakh shares in Reliance rights issue

India TV News  

Billionaire Mukesh Ambani has got 5.52 lakh shares of his flagship firm Reliance Industries in the just-concluded Rs 53,124 crore rights issue, according to the company's regulatory filing on Thursday. Ambani now holds 80.52 lakh shares or 0.12 per cent of RIL, up from 75 lakh shares held before the rights issue. In all, the promoter group got 22.50 crore …

RIL rights issue receives overwhelming response, raises over Rs 84,000 crore
4 years, 7 months ago

RIL rights issue receives overwhelming response, raises over Rs 84,000 crore

India Today  

Reliance Industries Limited’s mega rights issue has received an overwhelming response from investors and helped the company raise over Rs 84,000 crore. Commenting on the success of the rights issue, RIL Chairman Mukesh Ambani said, “I express my sincere thanks to our dear and esteemed shareholders for participating in this rights issue and making it a new and proud landmark …

Reliance Industries successfully closes mega Rs53,125 crore rights issue with 1.6 times subscription
4 years, 7 months ago

Reliance Industries successfully closes mega Rs53,125 crore rights issue with 1.6 times subscription

Live Mint  

The ₹53,125-crore rights issue of Reliance Industries Ltd was subscribed 1.6 times as it closed on Wednesday, in a major boost to the oil-to-telecom conglomerate’s efforts to erase its debt. The issue opened for subscription on 20 May, along with a simultaneous rights entitlement platform, wherein for the first time in India shareholders could freely trade their rights entitlement on …

RIL rights issue oversubscribed 1.1 times with 2 more days to go
4 years, 7 months ago

RIL rights issue oversubscribed 1.1 times with 2 more days to go

India TV News  

The Mukesh Ambani-led Reliance Industries has received a resounding response to its Rs 53,124 crore RIL rights issue. As per the issue subscription data on stock exchanges at 5 pm on June 1, the total bids received for RIL's Rights shares stood at 46.04 crores overshooting the 42.26 crore shares on offer by 8.9 percent. A LOOK AT KEY NUMBERS …

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