Regardless of elevated volatility owing to concern over second Covid-19 wave, Nifty has managed to carry the important thing assist of 14200 and shaped a better base. Picture: Reuters By Dharmesh Shah Fairness benchmarks snapped the previous two weeks’ profitable streak amid risky international cues. The Nifty concluded the week on a subdued notice at
Reliance Industries Ltd
RIL stock has been in the corrective mode since September 2020. (Image: REUTERS) RIL share price fell as much as 1.5 per cent to Rs 1,930 apiece on BSE in intraday deals on Tuesday. Reliance Industries Ltd stock has fallen for the second consecutive day after the company reported the fiscal fourth quarter net profit
Shoppers enter the Reliance Mall in the Borivali suburb of Mumbai, India, on Monday, Nov. 9, 2020. Billionaire Mukesh Ambani’s Reliance Industries Ltd., which obliterated rivals in India’s telecommunications sector by selling $2 data plans and free voice calls, is deploying a very similar tactic — cutthroat pricing — to gain an edge in the country’s increasingly
Ahead of Q4 results announcement, RIL share price fell 1.42 per cent to end at Rs 1,994.45 apiece on BSE. Image: Reuters 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
Reliance Industries today announced its quarterly results. (Image: REUTERS) Mukesh Ambani’s Reliance Jio’s fiscal fourth-quarter net profit surged almost 50% on-year to Rs 3,508 crore. Jio Revenue for the January-March quarter rose 19% on-year to Rs 18,278 crore; however, revenue fell on a sequential basis owing to lower number of days during the quarter. Meanwhile,