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Source: Live Mint Reliance Industries Ltd’s (RIL’s) shares hit an all-time high of ₹3,217.6 on 8 July but have fallen almost 16% since then. One problem has been weakness in the oil-to-chemicals (O2C) business, where Ebitda fell 19% year-on-year in the first half of FY25 and 24% year-on-year in the September quarter. Despite the drop…
Source: Business Standard 5 min read Last Updated : Oct 15 2024 | 11:08 AM IST RIL, Reliance Industries results: Most brokerages have cut earnings estimates for Reliance Industries (RIL) after the oil-to-telecom conglomerate’s quarterly results missed Street expectations, yet again, in the the July-September quarter (Q2) for financial year 2024-25 (FY25). “O2C…
Source: Business Standard Vodafone Idea share price: Vodafone Idea share price plunged 22.4 per cent intraday to Rs 10 per share on the National Stock Exchange (NSE) on Thursday. The crash in Vodafone Idea’s stock price came after the Supreme Court rejected telecom companies’ plea on re-computation of adjusted gross revenues (AGR). With this,…
Source: Business Standard 3 min read Last Updated : Sep 13 2024 | 11:44 AM IST Shares of Bharti Hexacom hit a record high of Rs 1,454, as they surged 13 per cent on the BSE in Friday’s intra-day trade after the global brokerage firm Jefferies upgraded the stock to ‘Buy’, and raised the scrip’s…
