ril stock

RIL investors suffer Rs 1.27 lakh crore loss as stock ends 7.5% lower

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RIL investors suffer Rs 1.27 lakh crore loss as stock ends 7.5% lower

About Rs 1.27 lakh crore was wiped off of Reliance Industries Ltd‘s (RIL) investors as shares of the company ended 7.5% lower on BSE today as poll counting estimates showed that Prime Minister Narendra Modi-led NDA alliance was not likely to score as much as exit polls had predicted in the 2024 Lok Sabha elections. … Read more

Richer by Rs 13 trillion! RIL stock biggest wealth creator in last 5 years

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Richer by Rs 13 trillion! RIL stock biggest wealth creator in last 5 years

Beating the Tatas and the Adani Group stocks, Mukesh Ambani’s (RIL) has emerged as the largest wealth creator on Dalal Street in the last 5 years. With a gain of Rs 13 trillion, has emerged the largest wealth creator over 2017-22 and for the 4th fourth time in succession, shows ‘s wealth creation study. This … Read more

Energy operations’ underperformance to mar RIL’s Q2 show, says Morgan Stanley

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Energy operations’ underperformance to mar RIL’s Q2 show, says Morgan Stanley

Industries’ oil-to-chemicals (O2C) business in the September quarter has borne the brunt of headwinds faced by the energy market, and this is expected to weigh on its overall earnings, said Morgan Stanley. Shutdown of refineries, windfall taxes on fuel exports, and lower product cracks are likely to pull down the conglomerate’s earnings sequentially in Q2, … Read more