Stocks In the News: Check out the companies such as Bharti Airtel, Reliance Industries, Hindalco and others making headlines before the stock marker open. Here are a dozen stocks which may buzz the most in today’s trade: Bharti Airtel: The telecom operator Bharti Airtel said it has signed an agreement to buy Vodafone’s 4.7 per…
Results for "Reliance share price"
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PharmEasy shares drop 50% to Rs 70-75 over 3 months in unlisted market
Despite getting the regulatory approval to launch its initial primary offering (IPO), API Holdings, the parent company of PharmEasy, is feeling the heat of a recent meltdown in the unlisted market. Shares of PharmEasy have eroded half of investors wealth in the pre-IPO market dropping down to Rs 70-75 on Tuesday. It was trading at…
Reliance Industries stock in focus
Shares of Reliance Industries Limited (RIL) were in focus on February 14, after global research firm Morgan Stanley put overweight call on the stock with target at Rs 2,926 per share, an upside of around 25 percent from current market price. Billionaire Mukesh Ambani’s Reliance Industries is targeting to become one of the largest producers…
RIL share gain nearly 2% after CLSA upgrades rating, raises target price
Reliance Industries (RIL) share price gained nearly 2 percent intraday to Rs 2,374.35 on January 31 after foreign research firm CLSA upgraded the rating and target price. CLSA has upgraded Reliance Industries’ rating to ‘buy’ and raised the target price to Rs 2,955 from Rs 2,850. “After a sharp fall, the company is now within…
Ramco Cements shares sink 7.8% as Q3 profit falls 59%
Shares of Ramco Cements NSE -2.51 % tumbled close to 8 per cent in early trade Tuesday as the company reported a 59 per cent decline in standalone profit in October-December to Rs 83 crore on account of faltering demand. Sales from products, however, rose 16 per cent to Rs 1,541 crore for the quarter…
Reliance Industries slips 7% in 2 days, loses over Rs 1trillion in market cap
Shares of Reliance Industries (RIL) were down 3 per cent at Rs 2,305 on the BSE in Tuesday’s intra-day, falling 7 per cent in the past two trading sessions, despite the company’s clarification on loan of Rs 750 crore granted to Shapoorji Pallonji Company by its arm Reliance Ventures Limited (RVL). A sharp decline in…
Sharekhan on Reliance Industries
We expect continued recovery in RIL’s earnings led by cyclical recovery in O2C margins, further telecom tariff hike, high growth in retail and ramp-up of new revenue streams (broadband services and new commerce). Further value unlocking in digital and retail (with a likely IPO for consumer business in next few years) and would add value…
Reliance Industries reported a net profit of Rs 20,539 crore in the third quarter of 2021-22
The share price of Reliance Industries (RIL), which reported a healthy set of numbers for the December quarter, slipped into the red after opening higher in the morning session on January 24 following weak market conditions. Billionaire Mukesh Ambani-led Reliance Industries reported a net profit of Rs 20,539 crore in the third quarter of 2021-22,…
Mphasis share price gains 3% after Q3 profit rises to Rs 357.6 crore
Mphasis share price added more than 3 percent in the morning session on January 21, a day after the company declared its third quarter earnings. The IT firm on January 20 reported a 9.8 percent increase in consolidated net profit at Rs 357.6 crore for the December 2021 quarter. The company’s net profit stood at…
Reliance New Energy acquires stake in Sterling and Wilson Renewable Energy
Reliance New Energy Solar Limited (RNESL), a wholly owned subsidiary of the Reliance Industries has acquired, by way of off-market purchase, 1,84,00,000 equity shares of face value of Re 1 each at a price of Rs 375 per equity share aggregating Rs 690,00,00,000 from Shapoorji Pallonji and Company Private Limited, one of the promoters of…