Stay updated with breaking news from Ril Share. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While it is not known what's on the top of to-do list for Mukesh Ambani in 2024, investors of Reliance Industries are anxiously awaiting the listing of Reliance Jio and Reliance Retail. The IPOs will not only lead to value unlocking for 37 lakh shareholders of RIL but can also act as a re-rating trigger.
Reliance Industries shares in focus: RIL stock which closed at Rs 2,618 on August 26, Friday was trading at Rs 2,599 in the afternoon session today.
Brokerages claimed that despite reporting a consolidated net profit of Rs 17,955 crore the consolidated EBITDA and PAT of RIL were below their estimate.
Shares of Reliance Industries Ltd declined 3 per cent in early trade on Monday, after the company's March quarter earnings failed to cheer investors.
The root cause of Amazon's dissent dates back to August 2019.