Reliance's shares closed at Rs 2,840 a share on Wednesday, up 0.62 percent, and the company's market capitalization stood at Rs 19.21 lakh crore as of July 19. The NSE conducted a special pre-open session (SPOS) today from 9 a.m. to 10 a.m. to determine the price of Reliance shares. The discovered price for Jio [...]
Index heavyweight Reliance Industries’ shares gained 4.65% on Monday’s intraday trades to hit a fresh 52-week high of ₹ 2,756.00. This happened after it decided to reduce the equity share capital held by its shareholders in Reliance Retail and announced the record date for the demerger of its financial services arm which will be renamed [...]
Mukesh Ambani-owned conglomerate, through a regulatory filing with the Bombay Stock Exchange (BSE) dated 3rd July 2023, announced the launch of “Jio Bharat” 4G phones at Rs 999. Reliance Industries Limited, the most valued company in India, is a conglomerate company operating in various segments, some of which include oil & gas, Financial Services, retail, [...]
Data shows that mutual funds scooped up shares of several blue chip stocks. Investors closely follow the investments that mutual funds and other domestic and foreign institutions make as they can steer the markets to the green or to the red. While it is good to keep an eye on the flow of institutional money, [...]
Billionaire Mukesh Ambani-led Reliance Industries has received a green light from its shareholders and creditors for the demerger of its financial services arm- Reliance Strategic Ventures. Nearly 100% of the votes cast were in favour of the resolution and the arm will be renamed as Jio Financial Services after the demerger. Reliance Industries had approved [...]
A ‘Blue-Chip’ stock is a stock of well-established, large, and financially sound companies that have operated for many years and have dependable earnings. Such companies are often observed to be paying dividends to their investors. One such Blue-Chip company, Reliance Industries Limited, has marginally fallen today and trades at a price of Rs 2,354. The [...]
Domestic markets were trading higher on Monday, the first trading day of the financial year 2023-24, on the back of a rally in auto shares. The BSE Sensex started the week at 59131.16 points and the NSE Nifty 50 at 17427.95 points. The Reserve Bank of India’s three-day monetary policy started on Monday and the [...]
Domestic market barometers eked out gains at the opening bell on Monday after declining for the third week, last Friday. The thirty-share BSE Sensex started the week marginally higher at 57566 points, and the fifty-share NSE Nifty 50 at 16984 points. Traders were in for another bumpy week as the banking crisis cast a shadow [...]
The Union Power Ministry said on Tuesday that 11 companies including the green power arms of Reliance Industries, Tata Power company and JSW Energy are among the winners for setting up of solar photovoltaic (PV) module manufacturing capacities under Tranche II of the government’s production-linked incentive (PLI) scheme. The Solar Energy Corporation of India (SECI) [...]
Reliance Industries Ltd (RIL) started its trading session at Rs 2,341.50 and is currently trading at Rs 2,316.55 which is a downfall of 1.06 percent. In the past two sessions, the stock has shed almost 4 percent. This week has been full of announcements for the company and the same has been listed below: Firstly, [...]
