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Source: Live Mint Despite an over 17 percent decline in the last 1 year, global brokerage house Goldman Sachs has stated that the recent sell-off in Reliance Industries Ltd. (RIL) shares is “overdone,” with the stock price now nearing its “bear case” valuation. The brokerage firm reiterated its “buy” rating on RIL while reducing its…
Source: Live Mint Reliance Industries Share Price Today Live Updates : On the last trading day, Reliance Industries opened at ₹1275.2 and closed slightly higher at ₹1278.1, reaching a high of ₹1278.1 and a low of ₹1261.05. The company’s market capitalization stood at ₹1,709,003 crore. Over the past year, the stock has experienced a 52-week…
Source: Live Mint Reliance share price: Shares of India’s largest company by market capitalisation, Reliance Industries, have underperformed the Nifty 50 over the past year. While Reliance’s stock has gained 7 per cent, the Nifty 50 has delivered a significant 19 per cent return during the same period. However, experts believe Reliance could be poised…
Source: Live Mint Reliance bonus issue: Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL)’s board passed the issue of bonus shares with a majority in e-voting and also fixed the record date. The oil-to-telecom conglomerate said in a regulatory filing to the stock exchanges on Wednesday, October 16 that it has fixed Monday, October 28, 2024…
Source: Live Mint Oil to telecom conglomerate Reliance Industries, on Monday, reported a decline in profit for the July-September quarter on Monday, primarily driven by weaker performance in its core oil-to-chemicals segment and its retail business. Investors will be paying close attention to the heavyweight stock on Tuesday, October 14, as the quarterly results are…
