Page 4 - Reliance Industries

UP Global Investors Summit: RIL to pump in Rs 75K cr, expand 5G by year-end

While inaugurating the UP Global Investor Summit, PM Modi says India is vital for global growth

Reliance to invest Rs 75,000 crore in UP to expand telecom network

Billionaire Mukesh Ambani on Friday announced Rs 75,000 crore investment over the next four years in expanding the telecom network, including roll out of 5G services, retail and new energy business in Uttar Pradesh. Speaking at the UP Investor Summit, he said his group's telecom arm Jio will roll out 5G services across the state by December 2023. Also, the oil-to-telecom conglomerate will set up 10 GW of renewable capacity and start a bio-energy business in the state, he added.

Indian business families that are shifting control to their next generation

From Ambani to Birla, more and more business families in India are showing trust in their scions

Stocks to Watch: Adani group stocks, LIC, Reliance, L&T, Equitas SFB, Trent

Stocks to Watch: MSCI has started a free float review of Adani Group securities and it believes certain Investors should no longer be designated as free float

Stocks to Watch: Tata Steel, Hindalco, JK Paper, Muthoot Fin, Adani Ports

Stocks to Watch: Tata Steel reported a consolidated net loss of Rs 2,223.84 crore in the December quarter (Q3FY23) on the back of a sharp drop in realisations in Europe

Reliance shows hydrogen-run truck at India Energy Week; emits water, oxygen

Billionaire Mukesh Ambani's Reliance Industries on Monday showcased a truck that runs on hydrogen, the cleanest known fuel whose tail emissions are only water and oxygen, at the India Energy Week here. The Ashok Leyland manufactured truck with two large hydrogen cylinders was put up at a hall adjacent to the main venue where Prime Minister Narendra Modi inaugurated the three-day event that is themed around 'Growth, Collaboration, Transition'. A display near the truck said this was "India's 1st H2ICE technology truck on road." The truck has "near-zero emissions" when it uses hydrogen as fuel in place of conventional diesel or even recently introduced liquefied natural gas (LNG). "H2ICE vehicle performance on-par with diesel ICE," it said. H2 is the formula for hydrogen and ICE stands for internal combustion engine. In a statement, Reliance said the truck it unveiled is india's first Hydrogen Internal Combustion Engine technology solution for heavy duty trucks flagged off. "The Hy

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

Flagged off by PM Modi at India Energy Week, the vehicle was developed over the past one year and has been under test since August 2022

Reliance showcases hydrogen-run truck at India Energy Week in Bengaluru

Billionaire Mukesh Ambani's Reliance Industries on Monday showcased a truck that runs on hydrogen, the cleanest known fuel whose tail emissions are only water and oxygen, at the India Energy Week here. The Ashok Leyland manufactured truck with two large hydrogen cylinders was put up at a hall adjacent to the main venue where Prime Minister Narendra Modi inaugurated the three-day event that is themed around 'Growth, Collaboration, Transition'. A display near the truck said this was "India's 1st H2ICE technology truck on road." The truck has "near-zero emissions" when it uses hydrogen as fuel in place of conventional diesel or even recently introduced liquefied natural gas (LNG). "H2ICE vehicle performance on-par with diesel ICE," it said. H2 is the formula for hydrogen and ICE stands for internal combustion engine. India is fast pushing for use of hydrogen, which can be produced by splitting water using electricity. Use of electricity generated from renewable sources such as solar

Reliance Industries hits 10-month low, stock slips 15% since December

The stock dipped 3% to Rs 2,312 per share and traded trading at its lowest level since March 2022.

Sensex rises 320 pts, Nifty ends atop 18100; IT index up 2%, YES Bk down 8%

Closing Bell: Sectorally, Nifty IT clocked around a 2 per cent gain, followed by nearly 1 per cent upmove in bank, auto, FMCG and pharma indices. Metals and realty were the only pockets to close lower

How to trade in Reliance Industries post Q3 results? Check key levels

After evaluating the RIL shares on all three time frames; short-term, medium-term and long-term, it appears to be positive as long as it shields the support of Rs 2,200 levels.

Reliance Industries gains 1% post December quarter earnings

The Mukesh Ambani-led RIL has cautioned against the impact of global economic headwinds on energy demand, in its post-results conference call.

Stocks to watch: ICICI Bank, RIL, UltraTech, Adani Ent, SBI Life, Petronet

Stocks to Watch: Shares of Axis Bank, Canara Bank, IDBI, Jindal Stainless and Tata Communications will be in focus ahead of Q3 results on Monday.

Global demand concerns likely to weigh on energy markets, says RIL

RIL's oil-to-chemicals (O2C) business, was mixed in terms of performance, reporting 10 per cent Y-o-Y growth in revenue in Q3, though there was a decline of 9.4 per cent sequentially

Absence of immediate drivers puts Reliance Industries stock in back seat

While Q3 performance beat Street estimates, O2C is key to sustaining growth this year

RIL's recent underperformance versus Nifty is more macro driven: JP Morgan

JP Morgan has said that RIL's recent underperformance versus Nifty is more macro driven and likely driven by the overall FII move from India to China as RIL is likely among the largest FII positions

RIL Q3 results: Net profit slips 15% but tops estimate, revenue up 17%

Crude price volatility weighs on PAT; board clears raising Rs 20K cr via NCDs

Sensex sheds 237 pts dragged by HUL, RIL, Infosys; Nifty ends below 18,050

Closing Bell: Broader markets bled more than benchmarks with the BSE Midcap and Smallcap indices falling up to 0.7 per cent

Stocks to Watch: RIL, PVR, HUL, Bata India, Sun Pharma, Vedanta, LTTS, Auto

Stocks to watch today: Jubilant Foodworks plans to open 3,000 Domino's stores - 250 stores for Domino's India in the next 12-18 months. It also plans to start 40-50 stores for Popeyes India

NTPC, Reliance, Adani top green hydrogen plays to bet on, say analysts

As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries