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Source: Live Mint Despite being down 20 per cent from its peak, Kotak Securities has recommended a ‘Buy’ rating on Reliance Industries (RIL), setting a 12-month target price of ₹1,400, citing strong growth prospects in retail, telecom, and quick commerce segments. This target implies an almost 10 per cent upside potential from the previous close….
Source: Live Mint A Chandigarh-based man experienced a financial windfall when he discovered physical shares of Reliance Industries Limited (RIL) worth ₹11 lakh after around four decades. Rattan Dhillon, a car enthusiast, found the Reliance shares at his home while spring cleaning. According to the share documents, 30 equity shares of Reliance Industries Limited were…
Source: Live Mint Stock market today: Adani Enterprises, Asian Paints, Bajaj Auto, Bank of Baroda, Canara Bank, Colgate-Palmolive, Dr. Reddy’s Laboratories, DMart, Godrej Consumer Products, Havells, Hindustan Unilever Ltd (HUL), Jio Financial Services, and Reliance Industries Ltd (RIL) hit their 52-week lows in intraday trade on the BSE on Monday, March 3, amidst a fluctuating…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
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 Mukesh Ambani-led Reliance Industries Limited (RIL) has acquired a 74% equity stake in Navi Mumbai IIA Private Limited (NMIIA) for ₹1,628.03 crore, it said in a stock exchange filing on Friday. The oil-to-chemical conglomerate has acquired 57.12 crore equity shares representing 74% of Navi Mumbai IIA Private Limited (NMIIA) at Rs. 28.50…
Source: Live Mint In an equities slump during the holiday-shortened last week, as many as eight of the top ten most valued Indian listed companies lost a cumulative ₹1,65,180.04 crore from market valuation, PTI reported. Among the top 10, banking sector majors HDFC Bank and State Bank of India (SBI) took the biggest hits. Overall,…
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 Stock Market Today, October 15, 2024: GIFT Nifty indicates a positive opening for Indian benchmark indices, Nifty50 and BSE Sensex. At 6:33 AM, GIFT Nifty Futures were trading 30 points higher at 25,251, suggesting a higher start for Indian markets. Key drivers for the day Click here to connect…
Source: Business Standard 3 min read Last Updated : Oct 14 2024 | 11:45 AM IST VA Tech Wabag (WABAG) share price hit a new high of Rs 1,634 as it gained 4 per cent on the BSE in Monday’s intraday trade. The shares extended their past two days’ upward move after the company…
