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.
reliance industries 2
January 2023
RIL shares trade flat as Q3 profit drops; brokerages see up to 31% upside
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.
RIL spends ₹1 lakh crore in 9 months on 5G rollout, retail expansion and Giga factories
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.
VIDEO: Anant Ambani, Radhika Merchant get engaged surrounded by family and friends
The marriage of both Anant and Radhika was announced in 2019.
RIL Q3 results: Profit drops 15% YoY to ₹15,792 cr, revenue up 13%
The consolidated revenue from operations rose 13.3% YoY to ₹220,592 crore, driven by continuing growth in consumer businesses and higher gas realisation.
Reliance-backed Viacom 18 bags IPL Women's media rights for ₹951 cr
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 stock hits 10% upper circuit on 3-fold growth in Q3 profit
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.
Lotus Chocolate hits upper circuit as Reliance makes open offer to buy 26% stake
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.
Green Hydrogen Mission to bring India ahead in global market
The country is already ahead of most nations in green hydrogen foray and has inherent advantages to tap the emerging opportunity.
Reliance to acquire 50% stake in Sosyo Hajoori Beverages
The existing promoters, Hajoori family, will continue to own the remaining stake in the 100-year-old soft drink maker.
