
RIL to go big on investments in solar, 5G & retail
Reliance Industries invested ₹99,472 crore and ₹79,667 crore in FY22 and FY21, respectively, for expanding telecom and retail businesses, besides acquisitions.
Reliance Industries invested ₹99,472 crore and ₹79,667 crore in FY22 and FY21, respectively, for expanding telecom and retail businesses, besides acquisitions.
The Sensex and Nifty are poised to open lower on Tuesday, mirroring weakness in global peers as the Russia-Ukraine crisis, higher inflation, and rate hikes hit equities.
Shares of Reliance Industries have been falling for the last six sessions and have plunged 9.5% during the same period.
The Sensex and Nifty are set to start the week on a bearish note, following negative cues from global peers, amid continuing fears of aggressive rate hikes and economic slowdown.
For the full financial year FY22, the net profit rose 26.2% YoY to ₹67,845 crore, while gross revenue jumped 47% YoY to ₹792,756 crore.
RIL share price has been falling for the past five sessions and declined 8.4% during this period to hit a three-week low of ₹2,602.40 on the BSE.
The Sensex and Nifty are set to open sharply lower on Friday, following negative cues from global peers and bearish trends at SGX Nifty futures.
The Sensex and Nifty are set for a subdued opening on Thursday, tracking muted trends at SGX Nifty futures amid concerns about monetary tightening by central banks globally.
The Sensex and Nifty are set to open sharply lower on Wednesday, following sell-off in global equities amid fears of a slowing economy and aggressive U.S. interest rate hikes.
The Sensex and Nifty are set to fall in opening trade on Monday, mirroring weakness in Asian peers and bearish trends at SGX Nifty futures.