Latest Updates Around The World
Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]
Billionaire Mukesh Ambani-backed shares of Reliance Industries (RIL) rose 7% to a day’s high of Rs 1,489 on BSE, while shares of Adani Group rose up to 13% on Tuesday after US President Donald Trump announced a landmark trade deal between India and the US that cuts tariffs from 50% to 18% and opened the […]
ET Intelligence Group: Reliance Industries’ (RIL) consolidated operating margin before depreciation and amortization (EBITDA margin) crossed double digits for the first time in seven quarters, helped by strong performance from its oil-to-chemicals (O2C) division amid higher realization and domestic sales of fuel products. This partially offset weakness in the retail segment due to a shift […]
Foreign institutional investors have built up their largest short positions in index futures since March 2025, pushing the long-short ratio close to a record low. However, a sharp increase in long positions in index futures at a non-expiry date signals potential short covering ahead, paving the way for increased volatility and tactical trading opportunities in […]
Reliance Industries (RIL) reported a 1.6% year-on-year increase in consolidated profit after tax (including associates) to ₹22,290 crore for the December quarter as margin pressure in retail and upstream oil and gas sectors offset strong performance in telecom and refining sectors.Consolidated EBITDA rose 6.1% year-on-year to ₹50,932 crore, while gross revenue rose 10% to ₹2.94 […]
Jio Platforms Ltd on Friday said its profit after tax rose 11.2% year-on-year (year-on-year) to Rs 7,629 crore in December, while revenue from operations rose 12.7% to Rs 37,262 crore during the quarter. Jio’s average revenue per user (ARPU) increased sequentially from Rs 211.4 to Rs 213.7.The increase in ARPU was due to increased customer […]
Reliance Industries Ltd (RIL) is expected to deliver steady performance in the December quarter, with brokers posting mid-single-digit growth in revenue and earnings, mainly supported by strength in its oil-to-chemicals and digital businesses, even as retail growth remains subdued and upstream pressure remains.According to an average estimate of seven brokers, RIL’s consolidated revenue in the […]
Markets traded volatile but managed to close on a positive note despite mixed signals. Looking ahead, markets will react to gains from IT majors TCS and HCL Tech in early trade on Tuesday, while geopolitical developments and trade talks will also remain in focus.In today’s trading, shares of TCS, HCL Tech, Ola Electric, RIL and […]
Goldman Sachs has raised its 12-month price target for Reliance Industries to Rs 1,835 per share, implying an upside of around 25% from current levels, just a week ahead of the company’s December (Q3FY26) earnings results. The brokerage has reiterated its buy rating, arguing that near-term moderation in retail will be offset by better refinement […]
Shares of the Indian Energy Exchange (IEX) rose as much as 14% to an intraday high of Rs 153.35 on the BSE on Tuesday, January 6, on hopes of relief in the market linkage case heard by the Electricity Appellate Tribunal (APTEL).The tribunal, which heard the controversial market coupling rules proposed by the Central Electricity […]
