The first quarter results are in today: Reliance Industries Ltd., or RIL, a major player on Dalal Street, will release its Q1 2024 results. In one of its most recent exchange filings, RIL provided information regarding the same. Thus, it is anticipated that investors in the Indian stock market would not pay much attention to…
RIL shares: Shares of Reliance Industries Ltd (RIL) have soared by 38% from their October low, experiencing a significant surge during the current record-breaking run under Mukesh Ambani’s leadership. The share, which closed at Rs 2,226.50 on October 26, reached an all-time high for the second consecutive session amid a rally in the Sensex and…
Stanley Lifestyles IPO: The initial public offering (IPO) of Stanley Lifestyles has a price range of Rs 351 to Rs 369 per share. The subscription period will end on June 25, 2024. In short Stanley Lifestyles’ IPO launches to raise Rs 537.02 crore. Shares are expected to be listed on June 28, 2024. Latest GMP…
Jio Financial shares: In Thursday’s session, shares of Jio Financial Services Ltd were trading 0.42 percent higher at Rs 362.45. Year-to-date, the stock had surged by 54.53 percent in 2024. However, despite this upward movement, it remained 8.17 percent below its record high of Rs 394.70, reached on April 23 this year. Formerly known as…
Reliance Power shares: Shares of Reliance Power Ltd surged to their 10 percent upper price band of Rs 28.67 in Tuesday’s trading session. Nevertheless, the stock has pulled back by 16.54% from its 52-week high of Rs 34.35, which was reached earlier this year on April 5th. The stock witnessed heavy trading volume on the…
Zomato stock: saw a decline of over 5 percent on May 31 following a forecast by foreign brokerage Macquarie, predicting a nearly 50 percent drop in the food delivery platform’s share price over the next 12 months due to heightened competition in the quick commerce sector. As of 11:33 am, Zomato shares were trading at…
Mukesh Ambani Mukesh Ambani, the richest man in Asia, is planning to launch a telecom business in Africa to gain mobile broadband users in a rapidly expanding market. According to Harkirit Singh, the executive director of NGIC, Ghana-based Next-Gen InfraCo will receive critical network infrastructure, apps, and smartphones from Radisys Corp., a division of Ambani-controlled…
Vodafone Idea shares: In early Friday trading, Vodafone Idea shares increased by more than 6% following a stock upgrade from “Neutral” to “Buy” by international brokerage UBS. After first setting its target price at Rs 13.10, UBS increased it to Rs 18. Today’s morning session saw a 6.64% boom inside the telecom stock. The company’s…
Mukesh Ambani: India and Asia’s wealthiest individual witnessed a $2.8 billion increase in wealth on Thursday, reaching $101.8 billion. This surge is attributed to a 2.6% rise in the shares of his flagship company, Reliance Industries Ltd., closing at a record high. Notably, this marks his return to the $100-billion club for the first time…
