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Reliance Retail Q4FY24 results: Net profit rises 11.7% YoY to ₹2,698 crore

In Q4 FY24, Reliance Retail saw a 9.8% YoY increase in revenue and an 18.1% improvement in Ebitda. For FY24, the company surpassed ₹3 trillion in gross revenue for the first time, with a 17.83% growth. The registered customer base increased by 22.2% YoY.

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Mukesh Ambani's Reliance Industries share price sees the fourth best weekly gains in 2021

The nearly 6% rally in RIL shares accounted for almost all of Nifty’s gains on May 28.For the week, RIL has gained over 5.7%, making this the fourth best week

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Mukesh Ambani poorer by Rs 23,871 crore in stocks crash as Sensex slips below 50K

Mukesh Ambani poorer by Rs 23,871 crore in stocks crash as Sensex slips below 50K
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Synopsis
The ordinary shares of Reliance Industries closed down 3.52 per cent at Rs 2,007.40. The partly-paid shares slumped 4.52 per cent to Rs 1,133.70.
The equity wealth of Mukesh Ambani and his family, which is largely concentrated in RIL, declined to Rs 6,47,421 crore from Rs 6,71,292 crore on Friday.
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NEW DELHI: Mukesh Ambani, the richest man in India, lost Rs 23,871 crore as investors dumped Reliance Industries (RIL) stocks along with other high-flying names on Monday as rising coronavirus cases spooked markets.
RIL shares also took a hit after the Supreme Court halted the Reliance Retail deal to acquire Future Group assets. Interestingly, the deal size at Rs 24,713 crore was similar to Ambani’s wealth loss on Monday.

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Reliance Industries shares: Reliance Industries gains as company finalising O2C hiveoff

The move will help the company attract global investors like Saudi Aramco, said people familiar with the exercise.

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What made RIL shares tumble after December quarter results

Brokerages mostly have a 'neutral' rating on the stock, with 12-month price targets in Rs 1,900-2,450 range.

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TCS Share Price News: TCS Surpasses Reliance Industries To Become Country's Most Valued Company

Reliance Industries' net profit rose 13 per cent to Rs 13,101 crore
Tata Consultancy Services (TCS) on Monday became the country's most valuable company, surpassing billionaire Mukesh Ambani-led Reliance Industries. TCS' share price rose as much as 1.26 per cent to hit a record high of Rs 3,345.25 on the BSE. At the day's highest level, TCS' market value touched an all-time high of Rs 12.55 lakh crore, data from BSE showed. (Track TCS share price here)
Reliance Industries became the country's second most valuable company as its shares declined as much as 5 per cent to hit an intraday low of Rs 1,950.30 after the world's largest refining complex reported a 30 per cent decline in its oil-to-chemicals division, but beat profit estimates for the third quarter as it reined in spending.

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Share Market LIVE Updates: Sensex Surges Over 400 Points, Nifty Reclaims 14,400 Led By Reliance Industries

Reliance Industries, HDFC, Infosys, ICICI Bank, Tata Consultancy Services and Bajaj Finance were top movers in the Sensex

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