Disney and Reliance officially announce an $8.5 billion strategic joint venture, merging Viacom18 and Star India businesses. Reliance’s investment of approximately $1.4 billion into the […]
Tag: Reliance Industries
Brokerage Reports: Macquarie Underweight on Swiggy, Zomato with T.P. Rs 325, Rs 130; CLSA on Reliance Industries, Britannia; Jefferies Underperform on BSE at T.P. Rs 3500; BofA, UBS Warn of Inflation Risks Impacting Growth
Macquarie On Swiggy Macquarie starts coverage with an “Underperform” rating and a target price of Rs 325. Swiggy has potential, but the path to profitability […]
Brokerage Reports: Reliance, Bajaj Auto, L&T Tech, SRF, Mphasis, Gold Loan NBFCs, Sequent, KEI, IGL, MGL & Macquarie Global Strategy; China Vs India
Dam Capital on Reliance Industries Buy with a target price of Rs 3042. Reliance is building a new growth area in New Energy. Despite short-term […]
Reliance Industries Q2 Earnings: Revenue Flat at Rs 2.32 Lakh Crore, Jio’s 14.5% Growth to Rs 28,338 Crore Offsets Retail’s 1% Decline to Rs 76,325 Crore
Reliance Industries Q2 Earnings Overview Consolidated Revenue: Reliance Industries reported a consolidated revenue of ₹2.32 lakh crore, which is the same as the previous year. […]
Brokerage Reports on Reliance Industries, HCL Tech, HDFC Bank, JSW Infra, RK Forging, Maruti, Neuland Labs, Kotak Bank, and Time Technoplast
Reliance Industries Review CLSA: Maintain Outperform with a target price of Rs 3300. Q2 EBITDA was 2% below expectations, mainly due to weak performance in […]
Ambit Capital Maintains ‘Sell’ on Reliance, Raises Target Price to Rs 2,650 Amid Growth Concerns
Ambit Capital has kept its “sell” rating for Reliance Industries Ltd. (RIL), but raised the target price to ₹2,650 per share from ₹2,600 earlier. According […]
Indian Olympic Association Loses Rs 24 Crore in Deal with Reliance: CAG Report
In 2022, the Indian Olympic Association (IOA) made a deal with Reliance Industries Ltd (RIL). This deal allowed Reliance to be the main sponsor for […]
Reliance Industries’ 47th AGM: Major Announcements Expected as Mukesh Ambani Addresses Stakeholders
Reliance Industries Ltd is set to hold its 47th annual general meeting today, with expectations of significant announcements. The meeting is highly anticipated by stakeholders […]
Nifty 50 Hits 25,000: Ten Key Stocks Drive 25% Surge, with Bharti Airtel and Reliance Leading the Way
India’s Nifty 50 index reached 25,000 for the first time in 220 sessions since hitting 20,000 on September 11, 2023. The benchmark index surged nearly […]
Tesla and Reliance Industries in Talks to Forge EV Manufacturing Venture in India
Tesla and Reliance Industries Ltd. are currently engaged in preliminary discussions regarding the establishment of an electric vehicle (EV) manufacturing plant in India, as reported […]
Market Insights: Citi Downgrades Reliance, Upgrades Ultratech Cement, and More in Latest Brokerage Reports
1. Reliance Industries (CITI): – Rating downgraded to ‘neutral,’ target at 2,910. – FY24-26E EBITDA raised by 2-5%, driven by Jio, retail, and O2C. – […]
Reliance Industries Q3 Results: Steady Growth Across Industries – Jio, Retail, and Consolidated Figures Revealed
Reliance Industries Limited:– Consolidated revenues for Q3FY24 reached Rs 248,160 crore, showing a 3.2% YoY increase, supported by sustained growth in consumer businesses.– Quarterly EBITDA […]