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Reliance Industries Ltd (RELI.NS)

RELI.NS on National Stock Exchange of India

1,292.60INR
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Change (% chg)

Rs14.60 (+1.14%)
Prev Close
Rs1,278.00
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Rs1,281.05
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Rs1,296.80
Day's Low
Rs1,280.00
Volume
7,459,859
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9,312,498
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Rs1,417.50
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Rs1,016.40

Latest Key Developments (Source: Significant Developments)

BP, Reliance To Form Jointly-Owned Fuel Retail Network & Aviation Fuel Business
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - BP PLC ::BP AND RELIANCE HAVE TODAY SIGNED AN AGREEMENT TO FORM A JOINTLY-OWNED FUEL RETAIL NETWORK AND AVIATION FUEL BUSINESS OPERATING ACROSS INDIA.JOINT VENTURE WILL ALSO INCLUDE RIL'S AVIATION FUELS BUSINESS, WHICH CURRENTLY OPERATES AT OVER 30 AIRPORTS ACROSS INDIA.AGREED TO SET UP A NEW JOINT VENTURE CO, HELD 51% BY RIL AND 49% BY BP, THAT WILL ASSUME OWNERSHIP OF RIL'S EXISTING INDIAN FUEL RETAIL NETWORK.FUEL RETAIL NETWORK, AVIATION FUEL BUSINESS TO START FROM RELIANCE'S NETWORK OF OVER 1,400 RETAIL SITES, AVIATION BUSINESS SERVING 30 AIRPORTS.ANTICIPATED FINAL JV DEALS WITH RELIANCE TO BE REACHED DURING 2019; TRANSACTION WILL BE COMPLETE IN FIRST HALF OF 2020.JV ALSO EXPECTED TO BENEFIT FROM ACCESS TO COMPETITIVE FUELS SUPPLIES FROM RIL'S JAMNAGAR REFINING COMPLEX IN GUJARAT ON WEST COAST OF INDIA.  Full Article

Reliance Industries Exec Sees Upside On GRMs Because Of IMO 2020 Rules
Thursday, 18 Apr 2019 

April 18 (Reuters) - Reliance Industries Ltd Joint CFO V Srikanth and head of strategy of Jio, Anshuman Thakur::RELIANCE INDUSTRIES EXEC SAYS CONSUMER BUSINESS ACCOUNTS FOR 25 PERCENT OF EBITDA.EXEC SAYS WE WILL SEE BENEFIT TO MARGINS AS NETWORK EXPANDS, MORE CUSTOMERS COME IN JIO.EXEC SAYS EXPECT A STABLE TREND IN ARPUS TO CONTINUE.EXEC SAYS JIO DEBT IS AT 670 BILLION RUPEES AFTER HIVING OF TOWER, FIBRE ASSETS AS SEPARATE COMPANIES.EXEC SAYS SEE UPSIDE ON GRMS BECAUSE OF IMO 2020 RULES.EXEC SAYS BUYING VENEZUELA OIL FROM RUSSIA, CHINA.  Full Article

Reliance Industries March-Qtr Consol Profit Rises
Thursday, 18 Apr 2019 

April 18 (Reuters) - Reliance Industries Ltd ::MARCH QUARTER PROFIT 103.60 BILLION RUPEES - TV.CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 99.20 BILLION RUPEES.MARCH QUARTER CONSOL NET PROFIT 103.62 BILLION RUPEES VERSUS PROFIT OF 94.38 BILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL REVENUE 1.54 TRLN RUPEES VERSUS 1.29 TRLN RUPEES LAST YEAR.MARCH QUARTER AVERAGE GROSS REFINING MARGIN $8.2 PER BARREL.MARCH QUARTER PROFIT 85.56 BILLION RUPEES VERSUS PROFIT OF 86.97 BILLION RUPEES LAST YEAR.MARCH QUARTER REVENUE FROM OPERATIONS 865.72 BILLION RUPEES VERSUS 872.27 BILLION RUPEES LAST YEAR.OUTSTANDING DEBT AS ON MARCH 31, 2019 WAS 2.88 TRLN RUPEES VERSUS 2.19 TRLN RUPEES ON MARCH 31, 2018.CASH AND CASH EQUIVALENTS AS ON MARCH 31, 2019 WERE AT 1.33 TRLN RUPEES.THE PROFIT AFTER TAX ALERT WAS FIRST SOURCED FROM TV AND WAS LATER CONFIRMED FROM A PRESS RELEASE AT THE NATIONAL STOCK EXCHANGE.  Full Article

Reliance Jio Infocomm HY Net Profit Up 64.6 Pct
Thursday, 18 Apr 2019 

April 18 (Reuters) - Reliance Industries Ltd ::HY RELIANCE JIO NET PROFIT 16.71 BILLION RUPEES VERSUS PROFIT OF 10.15 BILLION RUPEES LAST YEAR.HY RELIANCE JIO REVENUE FROM OPERATIONS 214.89 BILLION RUPEES VERSUS 140.07 BILLION RUPEES LAST YEAR.  Full Article

Reliance Jio Infocomm March Qtr Net Profit Up 64.7 Pct
Thursday, 18 Apr 2019 

April 18 (Reuters) - Reliance Industries Ltd ::MARCH QUARTER RELIANCE JIO NET PROFIT 8.40 BILLION RUPEES VERSUS PROFIT OF 5.10 BILLION RUPEES LAST YEAR.MARCH QUARTER RELIANCE JIO REVENUE FROM OPERATIONS 111.06 BILLION RUPEES VERSUS 71.28 BILLION RUPEES LAST YEAR.MARCH QUARTER RELIANCE JIO ARPU 126.2 RUPEES/SUB PER MONTH.RELIANCE JIO SUBSCRIBER BASE 306.7 MILLION AS ON MARCH 31 2019.  Full Article

Reliance Industries Says CCI Approves Co's Acquisition Of Den Networks, Hathway Cable
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - DEN Networks Ltd ::RELIANCE INDUSTRIES-COMPETITION COMMISSION OF INDIA GAVE APPROVAL FOR ACQUISITION OF SHARES & CONTROL OF DEN NETWORKS AND HATHWAY CABLE AND DATACOM.RELIANCE INDUSTRIES - APPROVAL WILL ENABLE SUBSCRIPTION TO PREFERENTIAL ISSUE OF SHARES BY DEN, HATHWAY AND PURCHASE OF SHARES OF DEN FROM PROMOTERS.  Full Article

Reliance Industries Gets RBI Nod For Amalgamation Of Units
Friday, 4 Jan 2019 

Jan 4 (Reuters) - Reliance Industries Ltd ::UPDATES ON APPROVAL FROM RESERVE BANK OF INDIA.RBI APPROVED CO'S APPLICATION FOR PROPOSED AMALGAMATION OF RELIANCE HOLDING USA WITH RELIANCE ENERGY GENERATION AND DISTRIBUTION.BOARD WILL CONSIDER PROPOSAL FOR AMALGAMATION OF RELIANCE HOLDING USA WITH RELIANCE ENERGY GENERATION AND DISTRIBUTION.  Full Article

Reliance Industries Says Received DoT Letter About Application For Trading Of Spectrum Filed By Unit
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Reliance Industries Ltd ::CORRESPONDENCE RECEIVED FROM DOT ON TUESDAY WITH RESPECT TO APPLICATION FOR TRADING OF SPECTRUM IN 800MHZ BAND FILED BY UNIT.ARTICLE PERTAINS TO APPLICATION FOR TRADING OF SPECTRUM IN 800MHZ BAND FILED BY RELIANCE JIO INFOCOMM, RCOM AND RELIANCE TELECOM.  Full Article

Radisys Announces New Closing Date For Acquisition By Reliance Industries
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Radisys Corp ::RADISYS ANNOUNCES NEW CLOSING DATE FOR ACQUISITION BY RELIANCE INDUSTRIES.RADISYS CORP - RADISYS AND RIL HAVE AGREED TO EXTEND CLOSING DATE TO A DATE NO LATER THAN DECEMBER 14, 2018.RADISYS CORP - RIL ALSO ACKNOWLEDGED THAT CO HAS SATISFIED ALL CONDITIONS TO RIL'S OBLIGATIONS TO CLOSE TRANSACTION.  Full Article

Williams-Sonoma Announces Partnership With Reliance Brands
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Williams-Sonoma Inc ::WILLIAMS-SONOMA, INC. ANNOUNCES PARTNERSHIP WITH RELIANCE BRANDS FOR INDIA MARKET.WILLIAMS-SONOMA - CO, RELIANCE BRANDS LIMITED PLAN TO BRING POTTERY BARN, POTTERY BARN KIDS AND WEST ELM TO INDIA THROUGH A FRANCHISE AGREEMENT.WILLIAMS-SONOMA - OPENING OF BRANDS' FIRST STORES WILL BE IN MUMBAI, INDIA IN EARLY 2020, ALONG WITH LAUNCH OF E-COMMERCE WEBSITES..  Full Article

Indian shares eke out gains; but end week lower

Aug 16 Indian shares ended a tick higher on Friday, powered by gains in banking stocks, but finished lower for the week with trading dominated by headlines about the Sino-U.S. trade conflict and fears of an imminent global recession.