Reliance Industries Ltd. News

NSE: Reliance Industries Industry : Refineries

Reliance Industries gains as its arm acquires 100% stake in REC Group

The company has acquired stake from China National Bluestar (Group)

02 Dec 2021, 10:15 AM

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Reliance Industriesa arm acquires 100% stake in REC Group

The company has acquired stake from China National Bluestar (Group)

02 Dec 2021, 10:12 AM

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Reliance Industries jumps after its telecom arm hikes tariffs for unlimited plans

These plans will provide the best value in the industry

29 Nov 2021, 11:06 AM

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Reliance Industriesa telecom arm hikes tariffs for unlimited plans

These plans will provide the best value in the industry

29 Nov 2021, 10:58 AM

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Reliance Industries to restructure and repurpose Gasification Assets

The Gasification project at Jamnagar was set up with the objective to produce syngas to meet the energy requirements as refinery off-gases

25 Nov 2021, 12:55 PM

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Reliance Industriesa arm to acquire franchise in ECB's UAE T20 League

The company owns Mumbai Indians and is one of the eight founding members of the Indian Premier League

25 Nov 2021, 09:48 AM

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Reliance Industriesa telecom arm loses 1.9 crore subscribers in September

The companyas total customer base has decreased to 42.48 crore with market share of 36.43%

23 Nov 2021, 10:56 AM

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West Elm launches 2 stores in partnership with Reliance Industriesa brand licensing arm

The new West Elm stores are a lifestyle experience where everyone wants to explore and discover the beauty of West Elm designs

22 Nov 2021, 12:08 PM

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Reliance Industriesa arm acquires retail lingerie businesses from MAS Holdings

The company has acquired 100 per cent stake of 'amante' brand from MAS

12 Nov 2021, 10:09 AM

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Reliance Industriesa arm signs agreements with Ensign

With this transaction, Reliance has divested all its shale gas assets and has exited from the shale gas business in North America

09 Nov 2021, 09:16 AM

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Reliance Industriesa telecom arm brings mobile connectivity to Demchok

In Ladakh, the Jio network has been connected via 3 fiber routes, Leh-Srinagar, Leh-Manali (Himachal Pradesh), and Leh-Gurez, to build redundancy

03 Nov 2021, 11:51 AM

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Reliance Industriesa JV launches first mobility station in Navi Mumbai

Jio-bp will provide an unmatched and distinctive customer experience

27 Oct 2021, 12:16 PM

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Reliance Industries reports 43% rise in Q2 consolidated net profit

Total consolidated income of the company increased by 48.06% at Rs 178,328 crore for Q2FY22

23 Oct 2021, 09:31 AM

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Reliance Industriesa telecom arm adds 6.49 lakh subscribers in August

The companyas total customer base has increased to 44.38 crore

20 Oct 2021, 15:05 PM

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Reliance Industriesa arm acquires majority stake in Ritu Kumar's firm 'Ritika'

RRVL's majority equity acquisition in Ritika included completely acquiring Everstone's 35 per cent stake in the company

20 Oct 2021, 09:53 AM

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Today's price summary

Performance Today

Underperformed Sector by -0.92%

Trend Reversal

Stock has fallen after 2 days of consecutive gain

Day's Low

Stock touched an intraday low of Rs 2400 (-3.34%)

Weighted Average Price

More Volume traded close to Low Price

Moving Averages

higher than 100 day and 200 day moving averages but lower than 5 day, 20 day and 50 day moving averages

Falling Investor Participation

Delivery Vol of 32.49 lacs on 02 Dec has fallen by -40.78% against 5-day avg delivery vol

Liquidity

Based on 2% of 5 day average traded Value the stock is liquid enough for trade size of Rs 44.87 cr

Stock DNA

1 Years Returns

STOCK

-77.38

SECTOR

-74.24

SENSEX

-70.73

Industry

Oil Exploration/Refineries

MARKET CAP

Rs 15,27,635 Cr

PE (TTM)

30.49

DIVIDEND YIELD

0.28%

Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell

Reliance Industries Ltd. (RIL) is a behemoth in the Indian industry spectrum with a market capitalization of USD 224.18 billion as of November 2021. Globally, it is the 54th most valued company and the largest private-sector enterprise in India.

Reliance Industries Ltd. is the group's flagship company, which is engaged in a wide range of businesses from energy, petroleum products, telecom, and retail. RIL features among the Fortune 500 companies list and caters to over 300 million customers.

Company background and profile 

In the year 1957, Dhirubhai Ambani started Reliance as a textile company. He opened a trade business in a small 500 sq. ft office in Masjid Bandar in Mumbai in 1957. The second mill of Reliance started in Naroda, Gujarat. In 1977, the IPO of Reliance Textile Industry was launched and was oversubscribed seven times. In 1996, Reliance became the largest textile brand 'Only Vimal'. 

From a humble beginning, Reliance has achieved several milestones in its journey to becoming one of the most recognised brands globally. They are the world's largest polyester yarn and fibre producer and among the top ten companies in producing petrochemical products. They have several offices in India and abroad. Today the company operates in different business segments of 

  • Exploration and production of crude oil and natural gas 
  • Petroleum refining and marketing 
  • Petroleum products manufacturing 
  • Entertainment 
  • Textile 
  • Retails 
  • Telecommunications and internet services 

Company financials and performance 

Let's take a look at the Q2 results of the current fiscal of Reliance Industries Limited. You can subscribe to Smart Buzz to find real-time updates on Reliance Industries news and Reliance Industries stock price news.

  • Reliance Industrie Ltd. Q2 profit jumped by 43%, and revenue increased by 50% to Rs 1.75 trillion. 
  • The oil telecom conglomerate booked a profit of Rs 13,680 crore against Rs 9,567 crore reported during the same quarter last year.
  • Their quarter-on-quarter net profit increased by 3%. 
  • Revenue from the oil-to-chemical unit rose by 58.1%, benefiting from increased demands across products. 

Conclusion 

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