Reliance Industries Ltd. (RIL) has reduced its workforce by 42,000 jobs, or 11% of its entire workforce, in the 2023–24 fiscal year compared to the previous year, as per a report by The Economic Times. Shaadi.com founder Anupam Mittal has found it “alarming” and wondered why there was no noise around it. Mukesh Ambani’s company …
Buy or sell stocks: Following positive global market sentiments on cooling US recession fears, the Indian stock market finished higher on Friday. The Nifty 50 index surged 247 points to 24,364, the BSE Sensex shot up 819 points to 79,705, and the Bank Nifty index finished 325 points higher at 50,482. Cash market volumes on …
Reliance Industries Ltd, the energy-to-telecom conglomerate, will announce its earnings for the first quarter of FY25 on July 19. The company’s board of directors will meet and approve standalone and consolidated financial results for Q1FY24 on Friday, July 19. “…meeting of the board of directors of Reliance Industries of the Company is scheduled to be …
Reliance share price gained over a percent in early trade on Wednesday after foreign brokerage firm Goldman Sachs raised the target price on the stock. The brokerage firm estimates Reliance shares to see a potential upside of around 54%. In its bull case scenario financial year 2026, the brokerage house has a target price of …
The semi-annual rebalance of Nifty indices is scheduled on Thursday (March 28), with adjustments on Wednesday (March 27), and a series of stocks will see inflows and outflows as per the rejig. According to Nuvama Alternative and Quantitative Research, after the rejig, Shriram Finance, HDFC Bank, Jio Financial Services, NTPC, Adani Power, Power Finance Corporation, …
Buy or sell stocks: After showing an excellent upside recovery from the lows on Thursday, the Indian stock market shifted into a range-bound action for the whole session on Friday and closed in the red territory. The Nifty 50 index went off 4 points and closed at the 22,212 level, the BSE Sensex slipped 15 …
Jio Financial Services shares have rallied more than 48% in the past three months and over 40% on a year-to-date (YTD) basis, with its market capitalization crossing ₹2 lakh crore. The demerged entity of Reliance Industries Ltd (RIL), Jio Financial Services was listed on the stock exchanges on August 21, 2023. Meanwhile, Reliance Industries share …
Shares of Reliance Industries are trading at a record high today which has led to the stock crossing market capitalisation of ₹19 lakh crore for the first time. This month, the stock is up 8 per cent after increasing 9 per cent in December and 4 per cent in November last year. Since 2015, the …
On NSE, Reliance share price jumped 4.35% to a record high of ₹2,824.00 apiece. RIL stock was the top contributor on the Nifty 50 index. RIL shares contributed nearly 89 points to Nifty 50’s gains. The Nifty 50 index was trading 303.70 points, or 1.42%, higher at 21,656.30. With its market capitalisation crossing ₹19 lakh …
19 Jan 2024, 02:25 PM IST Reliance Q3 Results Live: RIL’s standalone EBITDA to decline nearly 9% QoQ Reliance Q3 Results Live: Kotak Institutional Equities expects RIL’s standalone EBITDA to decline nearly 9% QoQ on sequential weakness in refining and petrochemical margins. It expects consolidated EBITDA to decline nearly 2% QoQ as weaker standalone performance …