Company Profile

RELIANCE INDUSTRIES LTD.

NSE : RELIANCEBSE : 500325ISIN CODE : INE002A01018Industry : RefineriesHouse : Mukesh Ambani
BSE1760.5522.65 (+1.3 % )
PREV CLOSE (Rs.) 1737.90
OPEN PRICE (Rs.) 1750.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 815775
TODAY'S LOW / HIGH (Rs.)1734.40 1766.80
52 WK LOW / HIGH (Rs.)867.45 1804.1
NSE1760.35 22.75 (+1.31 % )
PREV CLOSE(Rs.) 1737.60
OPEN PRICE (Rs.) 1743.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1760.35 (1578 )
VOLUME 13286760
TODAY'S LOW / HIGH(Rs.) 1735.05 1767.60
52 WK LOW / HIGH (Rs.)867.43 1804.2

Company News

Date Heading Details
01-Jul-2020 Reliance Industries to acquire stake in Future Group: Report <p align="justify">Reliance Industries is reportedly planning to acquire retail businesses of Kishore Biyani's Future Group. The deal will involve at least three companies promoted by Biyani-Future Retail, Future Lifestyle Fashions and Future Supply Chain Solutions - would be merged, and the complete business will then be taken over by the company.</p><p align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.<br></p>
01-Jul-2020 Reliance Industries jumps on buzz of planning to acquire stake in Future Group <p align="justify">Reliance Industries is currently trading at Rs. 1740.00, up by 36.65 points or 2.15% from its previous closing of Rs. 1703.35 on the BSE.</p><p align="justify">The scrip opened at Rs. 1718.00 and has touched a high and low of Rs. 1748.65 and Rs. 1708.75 respectively. So far 366072 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1804.10 on 22-Jun-2020 and a 52 week low of Rs. 867.82 on 23-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 1751.50 and Rs. 1696.00 respectively. The current market cap of the company is Rs. 1173449.12 crore.</p><p align="justify">The promoters holding in the company stood at 50.07%, while Institutions and Non-Institutions held 38.06% and 11.87% respectively.</p><p align="justify">Reliance Industries is reportedly planning to acquire retail businesses of Kishore Biyani's Future Group. The deal will involve at least three companies promoted by Biyani-Future Retail, Future Lifestyle Fashions and Future Supply Chain Solutions - would be merged, and the complete business will then be taken over by the company.</p><p align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.</p>
30-Jun-2020 Reliance Industries pushes back production from KG-D6 block to September-October <p align="justify">Reliance Industries has pushed back the start of production from the second wave of discoveries in its eastern offshore KG-D6 block to September/October after the COVID-19 lockdown imposed unprecedented constraints in execution of the deepwater project. The company, along with its partner BP Plc of the UK, was initially targeting the start of production from the R-Series field in the Krishna Godavari block in May but pushed it back to June-end due to the lockdown. The lockdown has further pushed the start of production to mid of 2020-21 fiscal.<p align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.</p>
30-Jun-2020 Reliance Industries' telecom arm adds 62.57 lakh subscribers in February <p align="justify">Reliance Industries' (RIL) telecom arm Reliance Jio Infocomm (Jio) has added 62,57,587 customers in February 2020. Following this, the company's total customer base has increased to 38.28 crore with market share of 32.99% in terms of Wireless Subscribers as on February 29, 2020. </p><p align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.<br></p>
30-Jun-2020 Reliance Industries gains after its telecom arm adds 62.57 lakh subscribers in February <div align="justify">Reliance Industries is currently trading at Rs. 1728.75, up by 5.60 points or 0.32% from its previous closing of Rs. 1723.15 on the BSE.<br></div><div align="justify"><br></div><div align="justify">The scrip opened at Rs. 1736.30 and has touched a high and low of Rs. 1740.70 and Rs. 1725.00 respectively. So far 139697 shares were traded on the counter.<br><br></div><div align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1804.10 on 22-Jun-2020 and a 52 week low of Rs. 867.82 on 23-Mar-2020.<br><br></div><div align="justify">Last one week high and low of the scrip stood at Rs. 1772.00 and Rs. 1712.60 respectively. The current market cap of the company is Rs. 1170440.01 crore.<br><br></div><div align="justify">The promoters holding in the company stood at 50.07%, while Institutions and Non-Institutions held 38.06% and 11.87% respectively.</div><div align="justify"><br></div><div align="justify">Reliance Industries' (RIL) telecom arm Reliance Jio Infocomm (Jio) has added 62,57,587 customers in February 2020. Following this, the company's total customer base has increased to 38.28 crore with market share of 32.99% in terms of Wireless Subscribers as on February 29, 2020. <br><br></div><div align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.<br></div>
25-Jun-2020 CCI approves Facebook's proposed acquisition of 9.99% stake in Reliance Industries' arm <p align="justify">The Competition Commission of India (CCI) has cleared Facebook's proposed acquisition of 9.99 percent stake in Jio Platforms, the digital arm of Reliance Industries. The $5.7 billion (Rs 43,574 crore) deal -- the single largest FDI in the technology sector in India -- was announced in April. The US social-networking major had set up a separate entity-Jaadhu Holdings LLC-for making the investment. The deal would bring together JioMart, the e-commerce venture of Asia's richest man Mukesh Ambani, and Facebook's WhatsApp platform to connect consumers with neighbourhood kirana stores. </p><p align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.<br></p>
25-Jun-2020 Reliance Industries inches up as CCI approves Facebook's proposed acquisition of 9.99% stake in its arm <p align="justify">Reliance Industries is currently trading at Rs. 1740.30, up by 12.95 points or 0.75% from its previous closing of Rs. 1727.35 on the BSE.</p><p align="justify">The scrip opened at Rs. 1729.00 and has touched a high and low of Rs. 1749.00 and Rs. 1720.00 respectively. So far 81282 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1804.10 on 22-Jun-2020 and a 52 week low of Rs. 867.45 on 23-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 1804.10 and Rs. 1660.60 respectively. The current market cap of the company is Rs. 1168039.30 crore.</p><p align="justify">The promoters holding in the company stood at 50.07%, while Institutions and Non-Institutions held 38.06% and 11.87% respectively.</p><p align="justify">The Competition Commission of India (CCI) has cleared Facebook's proposed acquisition of 9.99 percent stake in Jio Platforms, the digital arm of Reliance Industries. The $5.7 billion (Rs 43,574 crore) deal -- the single largest FDI in the technology sector in India -- was announced in April. The US social-networking major had set up a separate entity-Jaadhu Holdings LLC-for making the investment. The deal would bring together JioMart, the e-commerce venture of Asia's richest man Mukesh Ambani, and Facebook's WhatsApp platform to connect consumers with neighbourhood kirana stores. </p><p align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services<br></p>
19-Jun-2020 Reliance Industries becomes net debt free company via fundraising <DIV align=justify>Reliance Industries has become net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months. The company has raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms, and another Rs 53,124.20 crore through a rights issue.<BR><BR>Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.</DIV><DIV align=justify><BR></DIV>
19-Jun-2020 Reliance Industries zooms on becoming net debt free company via fundraising <p align="justify">Reliance Industries is currently trading at Rs. 1732.50, up by 76.25 points or 4.60% from its previous closing of Rs. 1656.25 on the BSE.</p><p align="justify">The scrip opened at Rs. 1674.70 and has touched a high and low of Rs. 1738.95 and Rs. 1660.60 respectively. So far 2077043 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,738.95 on 19-Jun-2020 and a 52 week low of Rs. 867.45 on 23-Mar-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 1738.95 and Rs. 1561.55 respectively. The current market cap of the company is Rs. 1169155.04 crore.</p><p align="justify">The promoters holding in the company stood at 50.07%, while Institutions and Non-Institutions held 38.06% and 11.87% respectively.</p><p align="justify">Reliance Industries has become net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months. The company has raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms, and another Rs 53,124.20 crore through a rights issue.</p><p align="justify">Reliance Industries is India's largest private sector company. The company's activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.</p>
19-Jun-2020 Reliance Industries, IRB Infrastructure Developers and HCL Technologies to see some action today <p align="justify">Public Investment Fund (PIF), sovereign wealth fund&nbsp; of&nbsp; Saudi&nbsp; Arabia, is going to invest Rs 11,367 crore in Jio Platforms, a wholly-owned subsidiary of <strong>Reliance Industries</strong>, at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. The investment will translate into a 2.32% equity stake in Jio Platforms on a fully diluted basis. With this investment, Jio Platforms has raised Rs 115,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton, since April 2020. With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India. </p><p align="justify">IRB MP Expressway, a special purpose vehicle (SPV) of <strong>IRB Infrastructure Developers</strong>, has successfully achieved Financial Closure for its first and India's largest toll-operate-transfer (TOT) project-Mumbai Pune Expressway. As a commitment towards the fee obligations in Concession Agreement, the Company has made the payment of first tranche of Rs 6,500 crore as upfront sub-concession fee to the Maharashtra State Road Development Corporation. </p><p align="justify"><strong>HCL Technologies</strong> (HCL) has released Unica V12.1. Unica takes Precision Marketing at Scale to the next level by effortlessly scaling to the billions of personalized interactions required by the largest organizations with the most complex data infrastructures. V12.1 is the culmination of more than two years of research, development, and investment in the Unica platform to power the next generation of customer journeys and goal-based marketing. Unica V12.1 will be generally available in July 2020.</p><p align="justify">Meghmani Finechem (MFL), a material subsidiary of <strong>Meghmani Organics</strong> (MOL), has taken another step to invest for new project of forward integration, a Chlorinated Poly Vinyl Chloride (CPVC Resin) of 30,000 MT. The Project will set up in existing Chlor Alkali and Derivatives Complex at Dahej for proximity to key raw material like Chlorine and to leverage existing infrastructure facilities.</p><p align="justify"><strong>Trident</strong> has raised Rs 500 Million through issue of Commercial Papers. The date of allotment is June 18, 2020 while, Maturity date is August 27, 2020. The Commercial Paper is being listed on Bombay Stock Exchange (BSE).</p><p align="justify"><strong>Indian Acrylics</strong> has resumed production at both of its plants of Acrylic Fibre and Acrylic Yarn. The capacity utilization of the plant is improving in the month of June as compared to May on account of improved sales. The company has expect that production and sales level will further improve in next two months and will reach 80% of pre Covid level.</p><p align="justify"><strong>DJ Mediaprint &amp; Logistics</strong> has secured an order for Printing of Club Members Stationery for the Membership Year 2018-19 covering 25 branches from LIC of India, Divisional Office, Madurai. This opens up Southern Markets as an opportunity for growth for the company.<br></p>