The market heavyweight gained 1.70 per cent to close at Rs 2,525.20 on the BSE. During the day, it jumped 1.85 per cent to its record high of Rs 2,529.
Reliance Industries is weighing a bid for Deutsche Telekom AG's Netherlands subsidiary, according to people familiar with the matter, Bloomberg reported.
Consolidated net profit of Rs 12,273 crore in April-June compared with Rs 13,233 crore a year, the company said in stock exchange filing.
Equity benchmark Sensex tanked 587 points on Monday, tracking heavy losses in HDFC twins, Reliance Industries, and Axis Bank amid a weak trend in global markets.
At the company's annual general meeting of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
Noting that both Jio and Retail are at the beginning of their journey, Mukesh Ambani said that both have an embedded culture of continuous value creation.
In July last year, Mukesh Ambani, who is the chairman and managing director of Reliance Industries Ltd, had set a 2035 deadline for his company to turn net carbon zero, echoing views of his global peers in fighting climate change.
The market heavyweight stock has jumped 14.53 per cent in seven trading sessions to hit a high of Rs 2,250 on Thursday.
Reliance BP Mobility Ltd, the fuel retailing joint venture of Reliance Industries Ltd and BP, has deployed a mobile fuel bowser in Mumbai for supplying fuel free of cost to ambulances on COVID-19 duty, a company statement said on Tuesday.
Shares of Reliance Industries are in huge demand, extending its winning run for the fourth day and rallying almost 10 per cent.
Shares of Reliance Industries, the country's most valuable company by market valuation, on Friday were in heavy demand and closed with a jump of 6 per cent.
Amid a surging second wave of COVID-19 in the country, Reliance Industries (RIL) has ramped up production of medical oxygen to 1000 metric tons per day, making it India's largest producer of medical-grade liquid oxygen from a single location.
The UK-based firm, which owns a hotel and golf course in Buckinghamshire, UK, will add to Reliance's consumer and hospitality assets, the firm said in a filing late on Thursday.
In a letter to RIL employees, the Chairman and Managing Director RIL Mukesh Ambani and Chairperson Reliance Foundation Nita Ambani said that the COVID-19 vaccine is a key weapon again the coronavirus and the company has continued to bear the vaccination cost for all the eligible members.
Billionaire Mukesh Ambani's Reliance Industries Ltd has tweaked manufacturing at its Jamnagar oil refineries to produce over 700 tonnes a day of medical-grade oxygen which is being supplied free of cost to states badly affected by COVID-19, sources said.
Reliance's twin oil refineries in Jamnagar have through minor process modification converted industrial oxygen into medical-use oxygen that can be administered to COVID-19 patients low on oxygen
Reliance Industries has secured approval of its shareholders and creditors for hiving off its oil-to-chemical business into a separate unit.
RIL share price, RIL share target: JM Financial has given a buy call with a target price of Rs 2,500 for Reliance Industries shares.
Mukesh Ambani's wealth increased 24 per cent on a year-on-year basis on the back of a surge in the value of energy-to-telecom giant RIL.
RIL is finalising the O2C separation as its talks for a stake-sale to Aramco are back on track, according to reports.
Top News
Latest News
