Jio valuation could rise to $190 billion by 2028, says CLSA, raising RIL target price to Rs 1,800

Jio Platforms’ enterprise valuation (EV) could rise to around $190 billion by March 2028, with CLSA claiming that the planned listing of the Reliance unit could create one of the top 10 telecom stocks in the world and boost Reliance Industries’ share price. The brokerage has raised its 12-month price target on Reliance Industries to […]

Reliance Industries Q2 results: Cons PAT up 10% YoY to Rs 18,165 crore, revenue up 10%

Mukesh Ambani-led Reliance Industries (RIL) on Friday reported 10% year-on-year growth in consolidated net profit in the second quarter at Rs 18,165 crore, compared to Rs 16,563 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company’s revenue in the quarter under review stood […]