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HomeTag: Mukesh Ambani

Antilia bomb scare: Sachin Waze returned to check if he forgot his police ID in the SUV, says NIA chargesheet

Sachin Waze returned to the scene two hours after parking an SUV there, because he allegedly feared that he had forgotten his police ID in the vehicle. The National Investigation Agency, in its chargesheet in the bomb scare outside industrialist Mukesh Ambani’s house, claims that dismissed Mumbai Police API Sachin Waze returned to the scene …

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Mukesh Ambani’s RIL Q4 net profit doubles on-year to Rs 13,227 cr, misses estimate

Mukesh Ambani-led RIL’s fourth quarter (January-March) net profit rose 108.36 per cent on-year to Rs 13,277 crore, which is below estimates. Oil-to-telecom major had reported a consolidated net profit of Rs 6,348 crore in the year-ago quarter. Earlier in the previous quarter (October-December 2020), Reliance Industries Ltd had posted a net profit of Rs 13,101 …

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RIL shares trade flat; analysts expect 100% jump in Reliance Industries Ltd’s net profit in Q4 on low base

RIL stock has been under pressure for the past few months, firstly because of the farmer’s protest, resulting losses in Punjab and then because of the Future group deal going into the court with Amazon. Image: Reuters RIL share price was trading flat with a negative bias at Rs 2,021.90 apiece on BSE, ahead of January-March …

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Reliance Industries stock price may rise to these levels; foreign investors maintain bullish stance

Jefferies sees three key triggers ahead for the stock. (Image: REUTERS) Mukesh Ambani’s Reliance Industries Ltd. (RIL) has seen increased interest from foreign portfolio investors in the last one year. Foreign Portfolio Investor’s (FPI) shareholding in RIL has jumped 1.59% in the January-March quarter, from a year-ago period. Meanwhile, mutual funds have trimmed their stake …

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Mukesh Ambani’s new money-minting machines: Retail, Digital arms now make nearly half of RIL’s revenues

Reliance Industries Chairman Mukesh Ambani. Mukesh Ambani’s efforts to bolster his new cash cows is again bearing fruit for India’s largest listed private company. In the third quarter of the financial year 2021, the retail and digital services arms of Reliance Industries Ltd (RIL) reported a revenue of Rs 36,887 crore and Rs 23,678 crore, …

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RIL beats expectations: Reliance Industries Q3 net profit soars over 12% to Rs 13,101 crore

Earlier this week, market regulator Sebi and stock exchanges gave a go-ahead to the RIL-Future deal, which was announced last year in August. Image: Reuters Reliance Industries Ltd’s fiscal third quarter (October-December) net profit rose 12.55 per cent on-year to Rs 13101 crore, beating street estimates. Earlier, in the previous quarter July-September, RIL had posted …

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Reliance Industries share price down 17% since September; is it attractive enough to buy now?

New product launches around the e-commerce space, stake sale in energy business, improving margins in the energy space, and tariff hike for Jio are some of the factors that may help the stock going forward. Mukesh Ambani’s Reliance Industries Ltd (RIL) share price has zoomed nearly 5% since yesterday. This jump comes after the stock …

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Stocks in focus: Reliance Industries, Antony Waste Handling, BEML, Adani Green, RCF

on the economic front, market participants will be eyeing the Markit Manufacturing PMI and Services PMI data on January 4 and January 6, respectively. Domestic equity benchmarks BSE Sensex and Nifty 50 were likely to open in the positive territory on Monday, as suggested by trends on SGX Nifty in early trade. Nifty futures were …

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RIL share price gains 1.5% today after Reliance-BP start gas production from Asia’s deepest project

In the previous week, RIL along with Hindustan Unilever Ltd witnessed erosion from market valuation Reliance Industries Ltd (RIL) share price gained 1.5 per cent to Rs 2,022 apiece in the morning deals on BSE today, taking the total market capitalisation to Rs 12.74 lakh crore. On Friday, after market hours, Mukesh Ambani-led Reliance Industries …

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