Reliance Industries has reported a 7.9 per cent EBITDA growth for the July-September quarter compared with the preceding three months
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Shares of Reliance Industries (RIL) slipped over 5 per cent on Monday morning to Rs 1,948 levels, reacting to the September 2020 quarter numbers released post market hours on Friday
Key downside risks to the RIL stock include deterioration in refining margins, continued weakness in petrochemical margins, and sharper rupee appreciation vs the US dollar
Reliance Industries Ltd's, the most valued firm, valuation tanked by Rs 39,355.06 crore to Rs 13,89,159.20 crore
Speculation had also mounted of possible acquisitions of Urban Ladder and Milkbasket in online furniture and grocery delivery spaces respectively, though the deals haven't fructified yet
The two segments account for half the consolidated operating profit, with retail being the key outperformer in Q2
Revenue in line with estimates; profits beat expectations partly due to lower taxes; Ebitda for refining biz declines 21.4% QoQ
The fibre optic unit, which was earlier part of Reliance Industries Limited's (RIL) subsidiary Reliance Jio, has a debt of Rs 87,296 crore, which includes suppliers' credit
The profit in Q2 was lower sequentially as well as the April-June earning of Rs 13,248 crore included one-time gain of Rs 7,629 crore from sale of 49 per cent stake in petro retailing business to BP
Dispute centres around Future's decision to sell some of its biz to RIL for $3.38 billion
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Morgan Stanley analysts estimate although Q2 earnings could improve on a sequential basis, they could be 20 per cent below pre-Covid levels
Experts share their insights on the enforceability of SIAC's interim order in India and the legal options before the players, namely Future group, Amazon and Reliance Retail
Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance
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Mukesh Ambani and Jeff Bezos, two of the world's wealthiest men, want the stores and warehouses of Future Retail Ltd.
After facing resistance at the 100-day moving average (DMA), placed at Rs 925, L&T has now managed to conquer the level decisively.
Future can't go ahead with its Rs 24,713-crore deal with Reliance till the completion of the arbitration process as the emergency arbitrator ruling is in 'toto'
The firm is also offering an advance 30 per cent of the variable pay from the next year's salary to its employees, as a goodwill gesture for working during the pandemic