Page 52 - Reliance Industries

Reliance Industries Limited posts Rs 13,248 cr net profit in June quarter

Reliance Industries Ltd on Thursday reported a better-than-expected net profit of Rs 13,248 crore in the June quarter on the back of exceptional income. Net profit was Rs 10,141 crore in the same period a year back, the company said in a regulatory filing. The company said it recognised exceptional gain of Rs 4,966 crore from stake sale.

F&O Expiry: Financials drag indices, Sensex falls 335 pts; HDFC slips 4%

All that happened in the markets today

Market Ahead, July 30: All you need to know before the opening bell

The quarterly results announcement by Reliance Industries and HDFC will be the major market mover today. Analysts expect a dent in RIL's retail and energy verticals in the June quarter

Profit-booking in RIL drags markets lower after eight days of gains

The Sensex closed at 38,071, down 422 points, or 1.1 per cent. Nearly 4 per cent decline in RIL accounted for 57 per cent of the losses

Mukesh Ambani's trusted aide PMS Prasad pledges 94% of his shares

Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.

Covid-19 likely to hit Reliance Industries' Q1 profit, say brokerages

An analysis of 12 brokerage research reports shows that expectations for RIL's net profit for the quarter ended June 2020 ranges from Rs 4,600 crore to Rs 8,083 crore.

Market Ahead, July 29: Top factors that could guide markets today

The expiry of derivative contracts of the July series tomorrow may keep today's session volatile

Top Headlines: Economy may witness more pain, PM to meet bankers, and more

Here are the top business headlines on Wednesday morning

RIL not FAANG-like yet as O2C, telecom make up 70% of value: Edelweiss

It downgrades stock from 'buy' to 'hold'; CLSA, too, lowers rating

Q1 results preview: Jio to steady RIL ship amid slowdown in retail, energy

Analysts estimate net profit to come down in 1st quarter

Reliance to pay up to Rs 27,000 cr for Future Group retail chains: Report

Reliance's existing retail operation already runs close to 12,000 stores, including a cash-and-carry wholesale business, in over 6,700 Indian towns and cities

Here's why CLSA and Edelweiss have downgraded Reliance Industries' stock

Edelweiss Securities notes that the stock's primary triggers - deleveraging, asset monetisation and digital momentum - have already played out.

Few parallels for RIL-like transformation in the world of business

One of the few in the league of RIL globally is the SoftBank Group, which has grown from being a PC software distributor and a telco to a technology-focused investor

India Inc's deal activity at a 6-year low amid Covid-19 pandemic

Last year, India Inc sealed deals worth $88.88 billion in the January-July period, but this year the total transactions are $56.73 billion, fueled mainly by RIL-Jio deals

Top headlines: RIL m-cap now 10% of BSE-listed firms, Gold reaches new high

Here are the top headlines of the day

Reliance Industries leverages technology to expand farm-to-fork model

The goal is a 12-hour window for vegetables and fruits to move from the fields to the shelves

RIL now accounts for 10% of all BSE-listed companies' combined market cap

Thus far in the calendar year 2020 (CY20), RIL's market-cap has surged 49.8 per cent, or Rs 4.77 trillion, from Rs 9.59 trillion on December 31, 2019

Market Ahead, July 27: Top factors that could guide markets this week

This week, domestic equity markets will largely be steered by corporate earnings, developments on US-China relations front and Covid-19 trends

RIL's home team advantage

India's complicated e-commerce policy with restrictions on overseas investors may help keep out global retail and e-commerce players

Street signs: New YES Bank shares enter market, high-beta RIL, and more

High-risk investors have shifted to the partly paid (PP) counter of Reliance Industries (RIL) to generate more bang for the buck