Reliance Industries share price plummeted by 4% on Monday, reaching a nine-month low amid heavy selling pressure. This sharp decline has turned Reliance shares’ year-to-date (YTD) returns negative. During intraday trading on the BSE, RIL stock price dropped by as much as 4.03%, hitting a low of ₹1,285.10 per share, with the company’s market capitalization … Read more
Here’s a quick look at stocks likely to be in focus in today’s trade. Reliance Industries (RIL): RIL’s consolidated profit for Q2 FY25 declined by 4.8 percent year-on-year to ₹16,563 crore, missing analyst estimates. This marks the third consecutive quarter of declining profits, driven by weakness in the oil-to-chemicals (O2C) segment. However, the digital services … Read more
Reliance Industries Limited (RIL) announced that its Board of Directors had approved a 1:1 bonus share issue during its annual general meeting (AGM) in September this year. This means shareholders holding one fully paid-up equity share of ₹10 each will receive an additional share of the same value. The bonus issuance is expected to be … Read more
The combined market valuation of eight of the top 10 most valued firms surged ₹1,21,270.83 crore last week. Reliance Industries became the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21 per cent. The 30-share BSE Sensex hit its previous record high … Read more
The combined market valuation of nine of the top 10 most valuable companies rose by ₹95,522.81 crore last week, with Reliance Industries, TCS, and HUL leading the gains. The 30-share BSE Sensex climbed for the fourth consecutive session, ending 33.02 points or 0.04 percent higher at 81,086.21 on Friday. Over the past week, the BSE … Read more
The market capitalisation of nine out of the top ten most valued companies in the Indian stock market collectively added ₹2,89,699.42 crore to their market valuation last week, with Reliance Industries emerging as the top gainer. This rise aligns with a broader rally in equities. The BSE benchmark index saw a notable jump of 1,822.83 … Read more
Last week, during the holiday-shortened period, the combined market capitalization of three of the top-10 most valued firms surged by ₹1,06,125.98 crore. HDFC Bank and ICICI Bank emerged as the largest gainers. The BSE benchmark Sensex rose by 217.13 points or 0.28 per cent over the week. Among the top-10 firms, HDFC Bank, ICICI Bank, … Read more
Nifty Bank experienced an intraday decline of nearly 5,000 points or 10 per cent on Tuesday as investors made mincemeat of the markets following poll trends that indicated the INDIA alliance was fighting hard around half past noon against the exit polls that had handed the Bharatiya Janata Party (BJP) led NDA alliance a resounding … Read more
Eight of the top-10 most valued firms’ combined market valuation plunged by ₹2,08,207.93 crore last week, with bellwether Reliance Industries, TCS and Infosys taking the biggest hit, reported news agency PTI on 2 May. Along with RIL, TCS and Infosys, other firms whose m-cap declined include ITC, Life Insurance Corporation (LIC), Hindustan Unilever Ltd, Bharti … Read more
Guin began his career in software sales, but now works in a strategy role at a large telecom firm, which he transitioned to after earning an executive MBA at the Indian Institute of Management, Ahmedabad. He discovered the FIRE movement on social media in 2018, but his interest deepened during the covid pandemic in 2020. … Read more