Company Profile

RELIANCE INDUSTRIES LTD.

NSE : RELIANCEBSE : 500325ISIN CODE : INE002A01018Industry : RefineriesHouse : Mukesh Ambani
BSE2305.506.15 (+0.27 % )
PREV CLOSE (Rs.) 2299.35
OPEN PRICE (Rs.) 2315.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 518389
TODAY'S LOW / HIGH (Rs.)2277.05 2319.60
52 WK LOW / HIGH (Rs.)867.45 2368.8
NSE2305.70 6.95 (+0.3 % )
PREV CLOSE(Rs.) 2298.75
OPEN PRICE (Rs.) 2314.25
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 2305.70 (2342 )
VOLUME 15264101
TODAY'S LOW / HIGH(Rs.) 2276.55 2319.45
52 WK LOW / HIGH (Rs.)867.43 2369.35

Company News

Date Heading Details
09-Sep-2020 Reliance Industries unveils spinoff plan for O2C business <p align="justify">Reliance Industries' (RIL) new oil-to-chemical (O2C) business unit will hold its oil refinery and petrochemical assets and retail fuel business but not upstream oil and gas producing fields such as KG-D6 and textiles business. The company has started work on hiving off the O2C business into a separate unit for a possible stake sale to companies such as Saudi Aramco. </p><p align="justify">According to the Scheme of Arrangement, Reliance O2C will house oil refining and petrochemical plants and manufacturing assets, bulk and wholesale fuel marketing, and RIL's 51 per cent interest in retail fuel joint venture with BP of the UK. The O2C unit would also house RIL's Singapore and the UK-based oil trading subsidiaries and marketing subsidiary, Reliance Industries Uruguay Petroquimica SA.</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>
09-Sep-2020 Silver Lake to invest Rs 7,500 crore in Reliance Industries' arm <p align="justify">Silver Lake is planning to invest Rs 7,500 crore into Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore. Silver Lake's investment will translate into a 1.75% equity stake in RRVL on a fully diluted basis. This marks the second billion dollar investment by Silver Lake in a Reliance Industries subsidiary after the $1.35 billion investment in Jio Platforms announced earlier this year.</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>
09-Sep-2020 Reliance Industries gains on the BSE <p align="justify">Reliance Industries is currently trading at Rs. 2114.80, up by 7.75 points or 0.37% from its previous closing of Rs. 2107.05 on the BSE.<p align="justify">The scrip opened at Rs. 2085.00 and has touched a high and low of Rs. 2139.10 and Rs. 2085.00 respectively. So far 170028 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2198.70 on 27-Jul-2020 and a 52 week low of Rs. 867.45 on 23-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 2139.10 and Rs. 2045.35 respectively. The current market cap of the company is Rs. 1430847.16 crore.<p align="justify">The promoters holding in the company stood at 50.37%, while Institutions and Non-Institutions held 38.54% and 11.10% respectively.<p align="justify">Silver Lake is planning to invest Rs 7,500 crore into Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of Rs 4.21 lakh crore. Silver Lake's investment will translate into a 1.75% equity stake in RRVL on a fully diluted basis. This marks the second billion dollar investment by Silver Lake in a Reliance Industries subsidiary after the $1.35 billion investment in Jio Platforms announced earlier this year.<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 align="justify">&nbsp;</p>
09-Sep-2020 Reliance Industries informs about media release <p align="justify">Reliance Industries has informed that it has enclosed a media release on 9th September 2020 by Reliance Retail Ventures (RRVL), a subsidiary of the Company, titled ‘Silver Lake To Invest&nbsp; 7,500 Crore In Reliance Retail Ventures At An Equity Value Of&nbsp;&nbsp;4.21 Lakh Crore'.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
31-Aug-2020 RIL's arm to acquire Retail & Wholesale Business, Logistics & Warehousing Business of Future Group <p align="justify">Reliance Industries' (RIL) subsidiary -- Reliance Retail Ventures (RRVL) is acquiring the Retail &amp; Wholesale Business and the Logistics &amp; Warehousing Business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate consideration of Rs 24,713 crore, subject to adjustments as set-out in the composite scheme of arrangement (Scheme). The said acquisition is being done as part of the Scheme in which Future Group is merging certain companies carrying on the aforesaid businesses into Future Enterprises (FEL).</p><p align="justify">The acquisition of the retail, wholesale and supply chain business of the Future Group complements and makes a strong strategic fit into Reliance's retail business. This will help Reliance retail to accelerate providing support to millions of small merchants in increasing their competitiveness and enhance their income during these challenging times.</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>
31-Aug-2020 RIL surges as its arm acquiring Retail & Wholesale Business, Logistics & Warehousing Business of Future Group <p align="justify">Reliance Industries is currently trading at Rs. 2150.00, up by 34.40 points or 1.66% from its previous closing of Rs. 2115.60 on the BSE.</p><p align="justify">The scrip opened at Rs. 2172.00 and has touched a high and low of Rs. 2172.00 and Rs. 2134.00 respectively. So far 83214 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. 2198.70 on 27-Jul-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. 2172.00 and Rs. 2047.25 respectively. The current market cap of the company is Rs. 1430576.68 crore.</p><p align="justify">The promoters holding in the company stood at 50.37%, while Institutions and Non-Institutions held 38.54% and 11.10% respectively.</p><p align="justify">Reliance Industries' (RIL) subsidiary -- Reliance Retail Ventures (RRVL) is acquiring the Retail &amp; Wholesale Business and the Logistics &amp; Warehousing Business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate consideration of Rs 24,713 crore, subject to adjustments as set-out in the composite scheme of arrangement (Scheme). The said acquisition is being done as part of the Scheme in which Future Group is merging certain companies carrying on the aforesaid businesses into Future Enterprises (FEL).</p><p align="justify">The acquisition of the retail, wholesale and supply chain business of the Future Group complements and makes a strong strategic fit into Reliance's retail business. This will help Reliance retail to accelerate providing support to millions of small merchants in increasing their competitiveness and enhance their income during these challenging times.</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>
31-Jul-2020 Reliance Industries reports 31% rise in Q1 consolidated net profit <p align="justify">Reliance Industries has reported results for first quarter ended June 30, 2020.<p align="justify">The company has reported 7.93% rise in its net profit of Rs 9753 crore for the quarter under review as against Rs 9036 crore for the same quarter in the previous year. However, total income of the company decreased 43.05% at Rs 54657 crore for Q1FY21 as compared Rs 95981 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported 30.97% rise in its net profit attributable to owners at Rs 13233 crore for the quarter under review as against Rs 10104 crore for the same quarter in the previous year. However, total income of the company decreased by 42.11% at Rs 95626 crore for Q1FY21 as compared Rs 165199 crore for the corresponding quarter previous year.</p>
31-Jul-2020 Reliance Industries declines despite reporting 31% rise in Q1 consolidated net profit <p align="justify">Reliance Industries is currently trading at Rs. 2082.55, down by 26.10 points or 1.24% from its previous closing of Rs. 2108.65 on the BSE.<p align="justify">The scrip opened at Rs. 2125.00 and has touched a high and low of Rs. 2129.85 and Rs. 2053.30 respectively. So far 852100 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2198.70 on 27-Jul-2020 and a 52 week low of Rs. 867.45 on 23-Mar-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 2198.70 and Rs. 2053.30 respectively. The current market cap of the company is Rs. 1405589.65 crore.<p align="justify">The promoters holding in the company stood at 50.29%, while Institutions and Non-Institutions held 38.21% and 11.30% respectively.<p align="justify">Reliance Industries has reported 7.93% rise in its net profit of Rs 9753 crore for the quarter ended June 30, 2020 as against Rs 9036 crore for the same quarter in the previous year. However, total income of the company decreased 43.05% at Rs 54657 crore for Q1FY21 as compared Rs 95981 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported 30.97% rise in its net profit attributable to owners at Rs 13233 crore for the quarter ended June 30, 2020 as against Rs 10104 crore for the same quarter in the previous year. However, total income of the company decreased by 42.11% at Rs 95626 crore for Q1FY21 as compared Rs 165199 crore for the corresponding quarter previous year.</p>
29-Jul-2020 Reliance Industries' telecom arm crosses 2 crore-plus customer base in Karnataka <p align="justify">Reliance Industries' (RIL) telecom arm Reliance Jio Infocomm (Jio) has now a subscriber base of over 2 crore-plus customers in Karnataka. It has grown constantly in spite of the telecom industry seeing a continuous decline in numbers. </p><p align="justify">Jio plans to connect 20 lakh plus homes across various cities in the ongoing phase of JioFiber launch in Karnataka. JioFiber assures customers speeds up to 1 Gigabyte (starting with 100 MBPS speed) &amp; host of multiple OTT platform content inbuilt like Amazon Prime, Disney + Hotstar, Zee5, AltBalaji, Colors, SunNxt, Voot etc through 4K HD set top box.</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>
27-Jul-2020 RIL overtakes ExxonMobil to become world's 2nd most valuable energy firm <p align="justify">Reliance Industries (RIL) has overtaken ExxonMobil to become the world's second most valuable energy company after its market capitalisation scaled to a record high of over Rs 14 lakh crore. The oil-to-telecom conglomerate is now ranked 46th globally on market cap. </p><p align="justify">Besides being higher than ExxonMobil in m-cap, RIL is also above Chevron which has an m-cap of about $169 billion as well as likes of Oracle, Unilever, Bank of China, BHP Group, Royal Dutch Shell and SoftBank Group. Reliance is the 10th highest m-cap company in Asia. China's Alibaba Group is ranked 7th globally. At 46th rank, Reliance is just below PepsiCo which has an m-cap of $189.8 billion. </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>