
Cash flow from RIL's E&P business set to overtake Reliance Retail's
RIL is enhancing gas production from KG Basin by 58% with the commissioning of MJ field by March.
RIL is enhancing gas production from KG Basin by 58% with the commissioning of MJ field by March.
Most of the brokerages have recommended “Buy” rating on RIL shares post Q3, projecting the stock to rise up to 31% from the current market price.
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.
The marriage of both Anant and Radhika was announced in 2019.
The consolidated revenue from operations rose 13.3% YoY to ₹220,592 crore, driven by continuing growth in consumer businesses and higher gas realisation.
With this, the company has committed ₹951 crore between 2023 and 2027. For each match of total 22 IPL matches every year, Viacom18 will pay ₹7.09 for the next five years.
Just Dial, now a part of Reliance Industries, reported nearly three-fold growth in its net profit at ₹71.3 crore, while revenue grew 39.3% YoY to ₹221.4 crore.
Reliance Group firms will together acquire 33.38 lakh shares of Lotus Chocolate from the open market at a price of ₹115.50 per share.
The country is already ahead of most nations in green hydrogen foray and has inherent advantages to tap the emerging opportunity.
The existing promoters, Hajoori family, will continue to own the remaining stake in the 100-year-old soft drink maker.