Reliance Q1 profit drops 5% to ₹15,138 crore
Revenue from operations rose 12% to ₹236,217 crore in the first quarter.
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This Reliance-backed stock hits record high on robust Q3; surges 35% in 2 months
The largecap stock gained 8.5% to hit a 52-week high of ₹945.80 intraday on Monday after it posted stellar earnings in the December quarter
Reliance Industries shares fall 3%; here’s why
RIL shares declined as much as 3.05% to hit a two-month low of ₹2,361.60 on the BSE, while the market capitalisation dipped to ₹16.21 lakh crore.
Jio Financial to exit Nifty indices from Sept 7; stock snaps 6-session gaining streak
JFSL shares rise over 20% in the last six sessions after Mukesh Ambani, at RIL’s 46th AGM, announced that the company will soon enter India’s insurance segment.
Jio Financial shares rebound 10% after hitting 5% lower circuit for 5th day
JFSL shares turned positive for the first time since its listing on the stock exchanges on August 21, driven by strong volume trade.
Explainer: What does RIL-JFSL demerger mean for shareholders?
The share price for Jio Financial Services was discovered at ₹261.85, which was much higher than analysts’ estimate of ₹160-190 per share
Reliance shares hit 52-week high; what’s fuelled the rally?
Investors rushed to buy RIL shares after the company received approval for the demerger of its financial services arm, which would unlock value for its 36 lakh shareholders.
Sensex hits fresh all-time high; here’s what propelled the rally
The BSE Sensex crossed the previous all-time high of 63,583, which was hit in December last year, led by index heavyweights, including RIL, HDFC twins, Bharti Airtel, and L&T.
Jio completes 100% acquisition of Reliance Infratel for ₹3,720 cr
The NCLT in 2020 had approved resolution plan submitted by RIL subsidiary for acquisition of RITL, one of the major private telecom infra providers in the country.
RIL AGM: 6 key expectations from Mukesh Ambani's speech today
Next big announcement expected at RIL AGM is 5G investments, tech collaborations. Overall investments will be another area. RIL needs capital to expand retail business
