RELIANCE.NS - Reliance Industries Limited

NSE - NSE Real Time Price. Currency in INR
909.90
+35.55 (+4.07%)
At close: 7:30PM IST
Stock chart is not supported by your current browser
Previous Close874.35
Open915.80
Bid0.00 x 0
Ask909.90 x 0
Day's Range903.00 - 921.90
52 Week Range465.00 - 921.90
Volume3,664,082
Avg. Volume7,917,885
Market Cap5.23T
BetaN/A
PE Ratio (TTM)8.44
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters3 days ago

    Newest outpost for U.S. crude exports: India

    NEW YORK/NEW DELHI, Oct 17 (Reuters) - India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up "test" purchases of U.S. grades to diversify their imports. U.S. exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas.

  • Reuters3 days ago

    Nifty ends flat after record high; Axis, Wipro fall

    REUTERS - The Nifty ended little changed on Tuesday after hitting a third consecutive high earlier in the day, as investors turned cautious ahead of key corporate results including from Wipro Ltd and Axis ...

  • Bloomberg4 days ago

    OPEC's Output Curbs Squeeze World's Biggest Oil Refining Complex

    Being sophisticated in the age of OPEC output curbs can prove a disadvantage, as the operator of the world’s biggest oil-refining complex is discovering.

  • Reuters6 days ago

    Reliance sees telecoms arm Jio turning profitable 'shortly'

    Reliance Industries Ltd's telecoms arm Jio will turn profitable "shortly," the Indian conglomerate said on Friday, while adding it would continue to pump around $1 billion into the venture for each of the next few quarters. Jio launched late last year with free voice and cut-price data, sparking a price war in India's cut-throat telecoms sector which has driven down margins and forced consolidation. Oil-to-retail giant Reliance, controlled by India's richest man Mukesh Ambani, suggested there were signs its costly gamble was paying off.

  • Reuters6 days ago

    India's Reliance sees telecoms arm Jio turning profitable "shortly"

    Reliance Industries Ltd's telecoms arm Jio will turn profitable "shortly," the Indian conglomerate said on Friday, while adding it would continue to pump around $1 billion into the venture for each of the next few quarters. Jio launched late last year with free voice and cut-price data, sparking a price war in India's cut-throat telecoms sector which has driven down margins and forced consolidation. Oil-to-retail giant Reliance, controlled by India's richest man Mukesh Ambani, suggested there were signs its costly gamble was paying off.

  • Reliance sells U.S. shale asset for $126 million
    Reuters13 days ago

    Reliance sells U.S. shale asset for $126 million

    Indian oil-to-telecoms conglomerate Reliance Industries Ltd has agreed to sell a shale oil and gas block in the United States for $126 million, a third of the price it paid seven years ago, amid a downturn in global oil prices. BKV Chelsea LLC, an affiliate of energy investment firm Kalnin Ventures LLC, bought the asset, located in the Marcellus shale in northeastern and central Pennsylvania, from Reliance, the company said in a statement, adding it could further receive $11.25 million based on changes in natural gas prices. The U.S. shale market has since become highly competitive and companies have cut costs to stay afloat after a slump in crude oil and gas prices.

  • Reuters13 days ago

    India's Reliance sells U.S. shale asset for $126 mln

    Indian oil-to-telecoms conglomerate Reliance Industries Ltd has agreed to sell a shale oil and gas block in the United States for $126 million, a third of the price it paid seven years ago, amid a downturn in global oil prices. BKV Chelsea LLC, an affiliate of energy investment firm Kalnin Ventures LLC, bought the asset, located in the Marcellus shale in northeastern and central Pennsylvania, from Reliance, the Indian company said in a statement, adding it could further receive $11.25 million based on changes in natural gas prices. The U.S. shale market has since become highly competitive and companies have cut costs to stay afloat after a slump in crude oil and gas prices.

  • Sensex rises for fourth session; RBI keeps rates steady
    Reuters16 days ago

    Sensex rises for fourth session; RBI keeps rates steady

    REUTERS - Indian shares ended higher for a fourth straight session on Wednesday after the central bank maintained its policy rate but took steps to release more liquidity into the financial system, and ...

  • Reuters17 days ago

    Reliance Industries makes first purchase of U.S. crude - sources

    NEW DELHI/SINGAPORE (Reuters) - Reliance Industries Ltd (RELI.NS) has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for U.S. oil versus global benchmarks, three trade sources said on Tuesday. Reliance, the owner of the world’s biggest refining complex at Jamnagar, is joining state-run refiners Indian Oil Corp (IOC.NS), Bharat Petroleum Corp (BPCL.NS) and Hindustan Petroleum Corp (HPCL.NS) in importing U.S. crude.

  • Reuters17 days ago

    India's Reliance makes first purchase of U.S. crude - sources

    NEW DELHI/SINGAPORE, Oct 3 (Reuters) - India's Reliance Industries Ltd has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for U.S. oil versus global benchmarks, three trade sources said on Tuesday. Reliance, the owner of the world’s biggest refining complex at Jamnagar, is joining state-run refiners Indian Oil Corp , Bharat Petroleum Corp and Hindustan Petroleum Corp in importing U.S. crude.

  • Reliance's buyback option on latest iPhones may boost Apple's India presence
    Reuters20 days ago

    Reliance's buyback option on latest iPhones may boost Apple's India presence

    NEW DELHI/MUMBAI (Reuters) - India's Reliance (RELI.NS) said on Friday that customers of its Jio telecoms unit who buy the latest Apple (AAPL.O) iPhone models from partner stores could sell them back in a year at a guaranteed price, a move that could help the U.S. tech firm expand in India. The offer, which comes during the Indian festive season when discretionary spending typically rises, assures customers buying iPhone 8, 8 Plus and iPhone X models through Jio that they will get back 70 percent of the cost after a year of use. Apart from possibly lifting Apple sales in India, the move could also draw more high-paying customers to the Jio network.

  • Reuters20 days ago

    Reliance's buyback option on latest iPhones may boost Apple's India presence

    India's Reliance said on Friday that customers of its Jio telecoms unit who buy the latest Apple iPhone models from partner stores could sell them back in a year at a guaranteed price, a move that could ...

  • Reuters20 days ago

    Robust Chinese demand ensures Asian LNG rally has legs

    LONDON/SINGAPORE, Sept 29 (Reuters) - Unexpectedly strong demand from China, along with rising oil and coal prices, should keep Asian liquefied natural gas (LNG) spot levels buoyant this winter. Despite rising supplies from new plants, spot prices (LNG-AS) have risen by 55 percent from their 2017 lows to $8.40 per million British thermal units (mmBtu) as Asian buyers also refilled summer stocks. With the peak demand October-March winter gas season almost underway, further price gains are expected.

  • Reliance Outbids Rivals to Buy Own Coal-Bed Gas Until 2021
    Bloomberg23 days ago

    Reliance Outbids Rivals to Buy Own Coal-Bed Gas Until 2021

    Reliance Industries Ltd. outbid rivals to buy the entire volume of coal-bed methane produced from its own blocks in central India until at least March 2021, a move that may help it boost margins and replace ...

  • Reuters24 days ago

    India's Reliance foots chunk of bill for cut-price phone, bets on data

    Reliance Industries' telecom upstart Jio is footing at least 40 percent of the cost of its basic 4G phone, two sources familiar with the matter said, as it bets on recovering the investment by luring in millions of new customers. Reliance Industries did not respond to a request for comment. Some Reliance investors may flinch at the cost of subsidies, but the scale of the outlay is a clear signal of the level of Jio's ambition, as it targets an audience of some 500 million who still cannot afford smartphones in India.

  • Ambani's Reliance Is Said to Mull India Power Storage With BP
    Bloomberg2 months ago

    Ambani's Reliance Is Said to Mull India Power Storage With BP

    Reliance Industries Ltd., owned by India’s richest man Mukesh Ambani, is considering entering the power-storage business with its partner BP Plc. to expand into the country’s growing renewable energy sector, ...

  • Mukesh Ambani Tops Li Ka-shing as Asia's Second-Richest Man
    Bloomberg3 months ago

    Mukesh Ambani Tops Li Ka-shing as Asia's Second-Richest Man

    Mukesh Ambani has elbowed past Li Ka-shing to become Asia’s second-richest man as investors rallied behind his efforts to arm India’s poor with cheap data-loaded phones. Some analysts are beginning to ...

  • Reliance's 'free' JioPhone shakes up cheap end of India's billion-strong market
    Reuters3 months ago

    Reliance's 'free' JioPhone shakes up cheap end of India's billion-strong market

    At first glance, Indian telecoms upstart Jio's bet on 'free' internet-enabled phones to win over poorer customers is a near-fatal blow for low-end handset makers, most already struggling with paper-thin margins on some of the world's cheapest devices. Reliance Industries, led by India's wealthiest man Mukesh Ambani, waded into India's cut-throat telecoms industry last year with its $30 billion bet on Jio, upending the sector with its cheap smartphones and data plans. Last week, it announced a new phone, which allows digital payments and will come effectively free.

  • HDFC Bank, Reliance Industries Lead India Sensex to Record High
    Bloomberg3 months ago

    HDFC Bank, Reliance Industries Lead India Sensex to Record High

    India’s benchmark stock index climbed to a record, with HDFC Bank and Reliance Industries Ltd. contributing most to the advance.

  • What’s helping India’s richest man get richer?
    Quartz3 months ago

    What’s helping India’s richest man get richer?

    India’s richest man, and the country’s most valuable company, just can’t stop making money. On July 20, Mukesh Ambani’s Reliance Industries (RIL) announced a 28% jump in its net profit for the first quarter of the 2018 financial year. Profits swelled to Rs9,079 crore between April and June, up from Rs7,764 crore in the corresponding…