Shares of Reliance Industries Ltd (RIL) edged higher on Thursday even as broader markets remained under pressure, after US President Donald Trump, yesterday, announced plans to build a new oil refinery in Texas with the support of investment from the Mukesh Ambani-led conglomerate. From a technical standpoint, Reliance Industries is currently moving through a consolidation…
Reliance shares have been enjoying healthy buying interest this month so far. Reliance Industries (RIL) share price climbed by nearly 1% in morning trade on the BSE on Monday, February 9, rising for the second consecutive session. On a monthly scale, the stock has risen by almost 5% in February so far after suffering a…
Stocks to BUY, SELL, HOLD: Amidst the volatile environment in the stock market, brokerage houses have issued their BUY, SELL and HOLD recommendations on selected stocks… highlights In the stock market, investors keep an eye on the latest recommendations of brokerage. Amidst the volatile market environment, brokerages are advising buying in selected stocks, while hold…
Reliance Industries’ consolidated net profit in the December quarter rose just 0.56% year-on-year to ₹18,645 crore. Although profit growth remained sluggish, the company’s topline performance remained strong. Revenue from operations grew 11% year-on-year to ₹2.69 lakh crore, driven by better performance from Jio and Oil-to-Chemicals (O2C) segments. Source
Shares of India’s most-valuable firm, Reliance Industries (RIL), declined up to 2.5% in trade on Monday, January 19, after its third-quarter (Q3) results missed analysts’ estimates, hurt by the weakness in the retail performance. RIL share price slumped to ₹1420 on the BSE and was among the top Sensex losers in the morning trade today….
