RIL shares fall nearly 3% post Q1; analysts see up to 22% upside
Most brokerages have reiterated 'Buy' ratings on Reliance Industries, with target price in the range of ₹3,435 and ₹3,786.
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July 2024
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Reliance Jio Q1 profit surges 12% to ₹5,445 cr
India’s largest telecom service provider records 10% growth in its Q1 FY25 revenue at ₹26,478 crore
RIL shares down 1% ahead of Q1; here’s what to expect
Reliance Industries is expected to report 3.9% YoY decline in consolidated net profit, while revenue is projected to grow 11.5% YoY in Q1 FY25.
Jio Financial shares slide over 2% as Q1 profit declines 6%
Snapping three sessions gaining streak, Jio Financial shares declined 2.4% to ₹346.80, while its mcap slipped to ₹2.20 lakh crore.
Jio Financial shares jump 2% on getting RBI's nod to become core investment company
On November 21, 2023, JFSL had submitted an application to the RBI for the conversion from a NBFC to a core investment company.
Jio could list at $112 billion valuation: Jefferies
The decision to spin off or IPO Jio hinges on balancing the upside potential of full value unlocking in the spin off with the lower controlling stake, says Jefferies.
Jio-bp eyes E-2-wheeler charging if govt mandates single connector
Jio-bp currently operates around 5,000 charge points catering to four-wheelers.
RIL share hits one-year high; becomes 1st Indian co. to hit ₹21 lakh cr m-cap
RIL share hits a 52-week high a day after its telecom arm hiked tariff prices by up to 25%; RIL shares are up 20.22% in the calendar year
Spectrum auction concludes with ₹11,340 cr bids; here’s how telecom stocks react
Bharti Airtel emerged as the biggest bidder by securing 69% of the total MHz on offer, followed by VIL at 21%, and RJio at 10%.
Jio Financial Services launches beta version of JioFinance app
JioFinance plans to offer loans on mutual funds and then progress to home loans.
