KKR invests ₹2,069 cr in Reliance Retail at ₹8.4 lakh cr valuation
This is KKR’s second investment in Reliance Retail after an infusion worth ₹5,550 crore in 2020; overall stake buy rises to 1.42%
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Should you buy, hold or sell RIL shares after AGM; here’s what analysts say
Post RIL’s 46th AGM, several analysts have maintained their rating and target price on RIL shares, expecting an upside potential of up to 23%.
Reliance Retail, if listed, would have ranked 4th in India: Mukesh Ambani
The valuation of Reliance Retail has almost doubled to ₹8.28 lakh crore in less than three years from ₹4.28 lakh crore in September 2020, says RIL chairman at the 46th AGM.
RIL, Jio Financial shares open higher ahead of AGM; here’s what to expect
While RIL shares gained 0.3% in early trade, JFSL snapped five sessions losing streak and rose 2.6% on the BSE.
QIA to buy 0.99% stake in Reliance Retail at ₹8.278 lakh cr valuation
This investment values Reliance Retail at a pre-money equity value of ₹8.278 lakh crore.
Reliance Retail hits milestone of a billion transactions in FY23; focus on FMCG business now
Reliance Retail has also registered a user base that has reached 249 million in FY 2022-23.
The Return of Brick and Mortar Retail
Retail chain giants are back with a bang and continue to add muscle to India’s $110 billion organised retail story with more stores and footfalls.
After Tira, Reliance is piloting Blush Lace, a beauty-cum-lingerie format for masses
The margins in beauty are north of 45%-50%, thus making it an attractive business for retailers
Reliance, Adani among 55 prospective bidders in race for Future Retail
The bankrupt retailer failed to attract resolution plans in previous attempts
Reliance Q4 results: Profit jumps 19% to ₹19,299 crore
The Mukesh Ambani-led conglomerate posted a profit of ₹19,299 crore for the fourth quarter.
