Edition:
India

Reliance Industries Ltd (RELI.BO)

RELI.BO on Bombay Stock Exchange

1,580.65INR
17 Jan 2020
Change (% chg)

Rs42.95 (+2.79%)
Prev Close
Rs1,537.70
Open
Rs1,551.15
Day's High
Rs1,584.80
Day's Low
Rs1,551.15
Volume
617,437
Avg. Vol
426,354
52-wk High
Rs1,617.80
52-wk Low
Rs1,095.65

Latest Key Developments (Source: Significant Developments)

Reliance Industries Exec Says Aramco Deal Making Progress
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Reliance Industries Ltd Joint CFO V Srikanth::SAYS FOCUSING ON MAXIMISING DOMESTIC SALES TO TACKLE GLOBAL WEAKNESS.SAYS EXPECTS FIRST GAS OUTPUT FROM R CLUSTER IN KG-BASIN BY MID 2020.SAYS SOME BENEFITS OF NEW MARINE REGULATIONS ON DIESEL WILL REFLECT IN COMING QTRS.SAYS IT WILL TAKE 12-18 MONTHS FOR PETROCHEMICALS PRICES TO IMPROVE.SAYS SAUDI ARAMCO DEAL IS MAKING GOOD PROGRESS, WE ARE HAVING INTENSIVE DISCUSSIONS.SAYS SIGNING OF DEFINITIVE AGREEMENT WITH ARAMCO WILL TAKE A FEW MONTHS.HOPES REFINING AND PETCHEM MARGINS TO IMPROVE IN 2020.SAYS INDIAN PETCHEM, TRANSPORT FUEL DEMAND TO RECOVER IN 2020.HAVE CLOSE TO A MILLION CUSTOMERS IN BROADBAND BUSINESS.RELIANCE INDUSTRIES EXEC SAYS PETCOKE GASSIFIERS WILL START CONTRIBUTING TO REVENUE FROM FIRST QUARTER OF NEXT FISCAL.  Full Article

Reliance Industries Dec-Quarter Avg GRM $9.2 Per Barrel
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Reliance Industries Ltd ::DEC-QUARTER AVERAGE GROSS REFINING MARGIN WAS $9.2 PER BARREL.OUTSTANDING DEBT AS ON 31 ST DECEMBER, 2019 WAS 3.07 TRLN RUPEES VERSUS 2.88 TRLN RUPEES AS ON 31ST MARCH, 2019.SAYS DOMESTIC OIL DEMAND GREW BY 3.2% IN 3Q FY20.CASH AND CASH EQUIVALENTS AS ON 31 ST DECEMBER, 2019 WERE 1.54 TRLN RUPEES VERSUS 1.33 TRLN RUPEES AS ON 31ST MARCH.RIL JAMNAGAR REFINERY THROUGHPUT FOR Q3 FY20 STOOD AT 18.1 MMT.  Full Article

India's Reliance Industries Posts Rise In Dec Qtr Consol Net Profit
Friday, 17 Jan 2020 

Jan 17 (Reuters) - Reliance Industries Ltd ::DEC-QUARTER CONSOL NET PROFIT 116.40 BILLION RUPEES VERSUS PROFIT OF 102.51 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR DEC QUARTER CONSOL PROFIT WAS 114.32 BILLION RUPEES -- REFINITIV DATA.DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.57 TRLN RUPEES VERSUS 1.61 TRLN RUPEES YEAR AGO.DEC-QUARTER STANDALONE PROFIT 95.85 BILLION RUPEES VERSUS PROFIT OF 89.28 BILLION RUPEES YEAR AGO.DEC-QUARTER STANDALONE REVENUE FROM OPERATIONS 901.52 BILLION RUPEES VERSUS 1.04 TRLN RUPEES YEAR AGO.  Full Article

Reliance Industries Exec Says Currently In Extensive Discussions To Sell Fibre Too
Friday, 19 Jul 2019 

July 19 (Reuters) - Reliance Industries Ltd Exec ::RELIANCE INDUSTRIES LTD EXEC SAYS IN EXTENSIVE DISCUSSIONS TO SELL FIBRE ALSO CURRENTLY.  Full Article

Reliance Industries Exec Says After Tower Deal, Jio Debt Down To 750 Bln Rupees
Friday, 19 Jul 2019 

July 19 (Reuters) - Reliance Industries Ltd Exec ::RELIANCE INDUSTRIES LTD EXEC SAYS 120 BILLION RUPEES OF DUES THAT TOWER COMPANY OWED RIL WILL BE PAID BACK AFTER BROOKFIELD DEAL.RELIANCE INDUSTRIES LTD EXEC SAYS AFTER TOWER DEAL, JIO DEBT DOWN TO 750 BILLION RUPEES.RELIANCE INDUSTRIES LTD EXEC SAYS LOT OF DATA GROWTH EXPECTED TO COME FROM RURAL AREAS.  Full Article

Reliance Industries Says GRM FOR Q1 FY20 AT $8.1/BBL
Friday, 19 Jul 2019 

July 19 (Reuters) - Reliance Industries Ltd ::OUTSTANDING DEBT AS ON 30TH JUNE, 2019 WAS 2.88 TRLN RUPEES VERSUS 2.88 TRLN RUPEES AS ON 31ST MARCH, 2019.CASH, CASH EQUIVALENTS, MARKETABLE SECURITIES AS ON JUNE 30 1.32 TRLN RUPEES VERSUS 1.33 TRLN RUPEES AS ON 31ST MARCH, 2019.RELIANCE INDUSTRIES SAYS ONGOING BETA TRIALS OF JIOGIGAFIBER SERVICES IS IN FINAL STAGES, AND EARLY SIGNS HAVE BEEN VERY ENCOURAGING.SAYS GRM FOR 1Q FY20 AT $ 8.1/BBL.PRODUCTION SHARING CONTRACT OF PANNA-MUKTA FIELD EXPIRES ON 21 DEC 2019; FIELD WILL BE HANDED OVER TO ONGC.  Full Article

Reliance Jio Infocomm June Qtr Net Profit Rises
Friday, 19 Jul 2019 

July 19 (Reuters) - Reliance Jio Infocomm : :JUNE QUARTER RELIANCE JIO NET PROFIT 8.91 BILLION RUPEES VERSUS PROFIT OF 6.12 BILLION RUPEES LAST YEAR.JUNE QUARTER RELIANCE JIO REVENUE FROM OPERATIONS 116.79 BILLION RUPEES VERSUS 81.09 BILLION RUPEES LAST YEAR.JUNE QUARTER RELIANCE JIO ARPU 122 RUPEES/SUB PER MONTH.RELIANCE JIO SUBSCRIBER BASE 331.3 MILLION AS ON JUNE 30, 2019.JUNE QUARTER RELIANCE JIO NET SUBSCRIBER ADDITION OF 24.5 MILLION.MONTHLY CHURN RATE AT 0.97% PER MONTH.  Full Article

India's Reliance Industries June-Qtr Consol Net Profit Rises 6.8%
Friday, 19 Jul 2019 

July 19 (Reuters) - Reliance Industries Ltd ::JUNE QUARTER CONSOL NET PROFIT 101.04 BILLION RUPEES VERSUS PROFIT OF 94.59 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL PROFIT WAS 96.96 BILLION RUPEES.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 1.61 TRLN RUPEES VERSUS 1.33 TRLN RUPEES LAST YEAR.JUNE QUARTER PROFIT 90.36 BILLION RUPEES VERSUS PROFIT OF 88.20 BILLION RUPEES LAST YEAR.JUNE QUARTER REVENUE FROM OPERATIONS 926.36 BILLION RUPEES VERSUS 954.72 BILLION RUPEES LAST YEAR.  Full Article

Reliance Industries, BP Sanction Third Phase Of Integrated KG D6 Development
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Reliance Industries Ltd ::RELIANCE AND BP SANCTION THIRD PHASE OF INTEGRATED KG D6 DEVELOPMENT.APPROVE DEVELOPMENT OF MJ DEEP-WATER GAS FIELD IN INDIA.MJ IS THE THIRD OF THREE NEW PROJECTS IN THE BLOCK KG D6 INTEGRATED DEVELOPMENT PLAN.TOGETHER, THE 3 PROJECTS EXPECTED TO DEVELOP TOTAL OF ABOUT 3 TRLN CUBIC FEET OF DISCOVERED GAS RESOURCES.PROJECTS WHEN FULLY DEVELOPED, WILL BRING ABOUT 1 BILLION CUBIC FEET A DAY OF NEW DOMESTIC GAS ONSTREAM, PHASED OVER 2020-2022.TOTAL INVESTMENT OF CIRCA 350 BILLION RUPEES IN THE THREE PROJECTS.  Full Article

C.Banner International Announces Disposal Of Entire Issued Share Capital Of Hamleys Global
Tuesday, 14 May 2019 

May 14 (Reuters) - C.Banner International Holdings Ltd <1028.HK>::ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL OF HAMLEYS GLOBAL HOLDINGS LIMITED.APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES ON STOCK EXCHANGE FROM 9:00 A.M. ON MAY 15.RELIANCE BRANDS LTD SHALL PAY TO CO £34.3 MILLION FOR ENTIRE ISSUED SHARE CAPITAL OF HAMLEYS GLOBAL HOLDINGS LTD.DISPOSAL IS CURRENTLY EXPECTED TO RECORD A LOSS OF ABOUT £1.0 MILLION (ABOUT HK$10.2 MILLION).  Full Article

Photo

Billionaire Ambani's Reliance posts record profit on consumer strength

MUMBAI/BENGALURU Indian oil-to-telecoms conglomerate Reliance Industries Ltd posted another record quarterly profit on Friday, as double-digit growth at its consumer-facing businesses cushioned weakness in its energy divisions.