Reliance Industries, a leading conglomerate headed by billionaire Mukesh Ambani, recently witnessed its share price reaching an unprecedented peak, propelling the company’s market value over the ₹19 lakh crore mark. The company’s shares experienced a significant surge, climbing as high as 4.19% to a new zenith of ₹2,824.00 per share on the Bombay Stock Exchange … Read more
Mumbai-based Reliance Industries Ltd (RIL), India’s largest company by market capitalization, has announced its financial results for the third quarter of the fiscal year, showcasing an 11% increase in consolidated net profit. The company’s diverse portfolio, spanning telecom, retail, and oil and gas, contributed to this growth, reinforcing its position as a key player in … Read more
Jio Financial Services, a non-banking financial institution (NBFC) under Reliance Industries, released its financial results for the third quarter of the fiscal year 2024 on Monday. The company experienced a significant setback with a 56% decline in quarter-on-quarter (QoQ) net profit. The net profit decreased from ₹668.18 crores to ₹293.82 crores. In the same period, … Read more