Page 15 - Ril

RIL regains top spot from TCS after 4 years

Mukesh Ambani-led Reliance Industries (RIL) on Monday reclaimed the tag most-valued Indian company from Tata Consultancy Services (TCS) after more than four years. The oil-to-telecoms conglomerate is now valued Rs 4.60 lakh crore, only slightly ahead of the Tata group flagship which ended with a market capitalisation of Rs 4.59 lakh crore. Shares of RIL ended 1.2 per cent higher to Rs 1,416.4 ahead of its March quarter announcements. Meanwhile, TCS added 0.8 per cent to close at Rs 2,329.1. Shares of RIL are expected to rise further as the company posted better-than-expected fourth-quarter net profit after market hours. RIL posted 12.8 per cent year-on-year increase in standalone profit at Rs 8,151 crore for the three months ended March 2017, topping analysts' estimates of Rs 8,000 crore. Higher gross refining margins boosted profitability.TCS had surpassed RIL as the country's most-valued company in February 2013. The technology major had cemented the numero uno in the past four ...

6 highlights of RIL's March quarter numbers

This is the ninth straight quarter when the company has reported growth in net profit

RIL commissions final phase of Jamnagar paraxylene project

Project is part of the $16 billion investment it is making in expanding petrochemical production

RIL briefly overtakes TCS as most-valued firm

RIL's market capitalisation stood at Rs 4.58 lakh cr, while that of TCS dropped to Rs 4.54 lakh cr

RIL, other coal bed methane producers get pricing, marketing freedom

They have also been given permission to sell fuel to affiliates after the formal policy notification

RIL shares worth Rs 50,000 cr change hands in block deals

Inter-se transfers of shares haven't resulted in any change in overall promoter group shareholding

RIL shares worth Rs 50,000-cr change hands on BSE

Nearly 40 crore shares were traded as against the 2-week average quantity of less than 11 lakh

RIL stock up 2%; mcap surges by Rs 8,223 cr

Stock gained 2.04% on BSE to end at Rs 1,258.45

RIL promoter entities propose re-structuring of 1.2 billion shares

Proposed transfers won't result in any change in promoter group shareholding of 45.24% in RIL

Stock analysis: RIL hopes to tether back telco clients, Jio break-even seen

Analysts believe it may not be difficult to retain 50% of subscribers under Prime membership plan

RIL to halt heavy naphtha exports after start of its paraxylene plant

Paraxylene plant would require 2.7 million tpy of heavy naphtha - reducing its ability to export the product

RIL executives summoned for alleged excise duty evasion

The Hazira plant of RIL has allegedly evaded payment of about Rs 26 crore as excise duty to the govt

Gas pricing FIR liable to be quashed: RIL tells HC

RIL has sought quashing of the FIR lodged against it by the ACB of the Delhi govt in 2014

RIL writes down nearly 40,000 cr on change in accounting policy

RIL has taken a Rs 20,114 crore write-down on its KG-D6 block in the Bay of Bengal

RIL shares fall over 3%; m-cap declines Rs 11,579 crore

The company's market valuation tumbled by Rs 11,579.7 crore to Rs 3,37,755.30 crore

Reliance Retail's Q3 pre-tax profit rises 40% to Rs 333 crore

Its turnover jumped by 47.22% to Rs 8,688 cr as against Rs 5,901 cr in the year-ago period

RIL Q3 net profit up 3.6% to Rs 7,506 crore, GRM rises to $10.8/bbl

Net profit rose to Rs 80.22 bn for 3 months to Dec 31 from Rs 72.96 bn reported a year earlier

RIL's December quarter performance likely to remain flat

Its better performance in the refining segment is expected to offset lower petrochem earnings

Payback year seen rolling for RIL

New capacities in refining and petrochemical segments to drive profits; any uptick in telecom to be positive

Govt probes prior info of ONGC gas migrating to RIL block: Pradhan

ONGC had in late 2013 stated that it suspects extension of reservoirs from its blocks in the Bay of Bengal into RIL's KG-D6