RIL Results

In the past three months, the RIL stock has surged 29 per cent, outperforming the Sensex (which is up 10 per cent), amid renewed optimism around its growth prospects

Domestic brokerage firm Prabhudas Lilladher, too, lowered its earnings outlook on RIL and trimmed the target price to Rs 2,892

Bottomline misses estimates, net revenue jumps 37.3 per cent YoY to Rs 2.3 trillion; to list financial services arm

Reliance's revenue has jumped 34 per cent to Rs 2.33 trillion

The standalone gross revenue of the company has grown from Rs -- crore in Q1FY22 to Rs -- in Q1FY23

Retail to benefit from low base; tariff hikes to power telecom growth

Reliance Industries shares gained as much as Rs 32.9, or 1.4 per cent intraday, on the BSE on Monday, before finally closing trade at Rs 2,413.95 apiece

The frontline S&P BSE Sensex crashed nearly 2,000 points intra-day, hitting a low of 56,984. It, however, staged a mild recovery in the fag-end and ended 1,546 points, or 2.6 per cent, lower at 57,491

Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.

The oil-to-telecom conglomerate's revenue from operations rose 58.2 per cent to Rs 1.44 trillion

From Reliance Industries reporting dip in profit-before tax, Tony Fernandes cutting AirAsia exit price to $50 mn to Air India pitching leave-without-pay scheme, here are the top news on Friday morning

Its total income stood at Rs 95,626 crore against Rs 165,199 crore recorded in April-June 2019 indicating improved margins

The record net profit for the quarter reflect benefits of our integrated oil-to-chemicals (O2C) value chain and the rapid scale-up of our consumer businesses, said Mukesh Ambani

Retail business EBITDA rose 13 per cent to Rs 2,322 crore, while telecom arm Jio posted a net profit of Rs 990 crore

In terms of retail area, the company covers 23 million sq ft in Q1, growth of nearly 24% from a year ago

For 2018-19, the company reported net profit of Rs 39,588 crore, up 13.1 per cent from the previous year

RIL will pay Rs 32.35 a share for its preferential allotment in Hathway and Rs 72.66 a share for DEN Networks

Retail, petrochemicals and telecom businesses expected to do well in March quarter

Jio's revenue market share, future capital expenditure program in light of the recent acquisition announcement of Reliance Communications' assets would be the key points to look for in the management