India’s refining capacity reached 256.8 MMTPA by April 2024, up from 215.1 MMTPA in 2014, with petroleum product GVA rising to Rs 2.12 lakh crore (2022-23). The sector, employing millions, processes 5.3 million b/d crude (Nov 2024), while oil demand is...
Reliance shares have surged more than 5 percent on an intraday basis, following their Q4 results announcement for FY25, with robust Jio, Retail, and JioStar performance and other Key announcements. Share Price Movement With a market capitalization of Rs. 18,47,170...
Double bottom is a Bullish Reversal Pattern that is used in Technical analysis to look for signals of a trend shift, from a downtrend to an Uptrend or from a bearish trend to a bullish trend. This pattern is the Opposite of the Double-top pattern. This Double Bottom...
India’s refining sector is a critical component of its energy infrastructure, with a capacity of over 249 million metric tons annually. By 2025, investments exceeding $87 billion aim to expand petrochemical intensity and refining capacity, including projects...
Since 2021, Reliance has underperformed the markets. An investor who had put money in Reliance shares in October 2021, would have zero percent capital appreciation on their shares, except the Jio demerger, dividends, and the 1:1 stock bonus. Since March of 2020,...
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