Reliance industries

KKR hikes stake in Reliance Retail Ventures, brokerages estimate fair value at Rs 1,200

Shares of Reliance Industries opened higher on September 12, a day after global investment firm KKR said it increased its stake in Reliance Retail Ventures. The KKR deal makes Reliance Retail Ventures one of the top four Indian companies by net equity value in the country. On September 11, the global investment firm invested Rs …

KKR hikes stake in Reliance Retail Ventures, brokerages estimate fair value at Rs 1,200 Read More »

Jio Financial Services stock lists at Rs 262 on NSE and at Rs 265 on BSE

Market Update

Jio Financial Services launched on the stock market on August 21, listing at Rs 265 – close to the unexplored price of Rs 261.85. Branch Reliance Industries started trading at Rs 262 on NSE, while prices on BSE stood at Rs 265. The market capitalization of NBFC is estimated at Rs 1.66 lakh at the …

Jio Financial Services stock lists at Rs 262 on NSE and at Rs 265 on BSE Read More »

Reliance forecasts healthy oil demand on the back of steady economic growth

Market Update, Stock Market

Reliance Industries Limited predicts in its fiscal 2023 annual report that oil demand is expected to remain healthy thanks to steady economic growth. The company said new supply from upcoming refining capacity in the Middle East, China and Africa will keep the market in balance. “Oil prices and commodity cracks will remain stable as global …

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KKR hikes stake in Reliance Retail Ventures, brokerages estimate fair value at Rs 1,200

Jio Financial Services stock lists at Rs 262 on NSE and at Rs 265 on BSE

Reliance forecasts healthy oil demand on the back of steady economic growth

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