Edition:
India

Reliance Industries Ltd (RELI.NS)

RELI.NS on National Stock Exchange of India

971.50INR
3:55pm IST
Change (% chg)

Rs40.20 (+4.32%)
Prev Close
Rs931.30
Open
Rs948.00
Day's High
Rs974.30
Day's Low
Rs940.00
Volume
20,892,133
Avg. Vol
6,371,154
52-wk High
Rs974.30
52-wk Low
Rs506.40

Latest Key Developments (Source: Significant Developments)

Reliance Industries' Exec Says Continues To See Q-o-Q Growth In Jio, Retail
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Reliance Industries Ltd exec V Srikanth::SAYS "WE WILL CONTINUE TO SEE QUARTER ON QUARTER GROWTH IN JIO AND RETAIL".SAYS "IN THIS YEAR, WE WILL HAVE 99 PERCENT POPULATION COVERAGE THROUGH JIO NETWORK".  Full Article

Reliance Industries Says Cash And Cash Equivalents As On Dec 31 Were 786.17 Bln Rupees
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Reliance Industries Ltd ::CASH AND CASH EQUIVALENTS AS ON DEC 31, 2017 WERE AT 786.17 BILLION RUPEES.RELIANCE INDUSTRIES SAYS IN KG-D6, MAJOR CONTRACTS IN R CLUSTER DEVELOPMENT FOR FIELD DEVELOPMENT AWARDED WITH DRILLING EXPECTED TO COMMENCE BY 2Q FY19.RELIANCE INDUSTRIES SAYS PLUGGING AND ABANDONMENT OF WELLS IS IN PROGRESS AT TAPTI PLATFORMS WHICH IS EXPECTED TO BE COMPLETED BY NEXT QUARTER.RELIANCE INDUSTRIES - CO’S SHARE OF PRODUCTION WAS 3 pct LOWER Q-O-Q DUE TO SALE OF CARRIZO JV, LOWER ACTIVITY, NATURAL DECLINE AT CHEVRON JV.  Full Article

India's Reliance Industries Dec Qtr Profit Up 5.4 Pct
Friday, 19 Jan 2018 

Jan 19 (Reuters) - India's Reliance Industries Ltd ::DEC QUARTER PROFIT 84.54 BILLION RUPEES VERSUS PROFIT OF 80.22 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 83.94 BILLION RUPEES.DEC QUARTER REVENUE FROM OPERATIONS 759.13 BILLION RUPEES VERSUS 666.06 BILLION RUPEES LAST YEAR.DEC QUARTER CONSOL NET PROFIT 94.23 BILLION RUPEES VERSUS PROFIT OF 75.33 BILLION RUPEES LAST YEAR.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 1.03 TRLN RUPEES VERSUS 841.89 BILLION RUPEES LAST YEAR.  Full Article

Reliance Jio Posts Dec-Qtr Profit
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Reliance Industries Ltd ::RELIANCE JIO POSTS PROFIT IN Q3.DEC QUARTER RELIANCE JIO REVENUE FROM OPERATIONS 68.79 BILLION RUPEES.DEC QUARTER RELIANCE JIO PROFIT 5.04 BILLION RUPEES.DEC QUARTER RELIANCE JIO ARPU 154 RUPEES /SUB PER MONTH.DEC QUARTER RELIANCE JIO SUBSCRIBER BASE 160.1 MILLION AS ON DEC 31, 2017.DEC QUARTER RELIANCE JIO NET SUBSCRIBER ADDITION OF 21.5 MILLION.THE FIRST ALERT WAS SOURCED FROM TV AND WAS LATER CONFIRMED FROM A PRESS RELEASE ISSUED BY THE COMPANY.  Full Article

Reliance Industries Dec Qtr Gross Refining Margin Of $11.6/Bbl
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Reliance Industries Ltd ::OUTSTANDING DEBT AS ON DEC 31, 2017 WAS 2.13 TRLN RUPEES COMPARED TO 1.97 TRLN RUPEES ON MARCH 31, 2017 .SAYS GROSS REFINING MARGIN (GRM) OF $ 11.6/BBL FOR THE QUARTER.  Full Article

Reliance Communications ‍Signs Deal With Reliance Jio Infocomm
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Reliance Communications Ltd ::‍SIGNS BINDING DEFINITIVE AGREEMENTS WITH RELIANCE JIO INFOCOMM LIMITED FOR SALE OF VALUABLE WIRELESS SPECTRUM, TOWERS, FIBER AND MCNS​.EXPECTS TRANSACTIONS TO CLOSE IN A PHASED MANNER BETWEEN JANUARY AND MARCH 2018.DEAL CONSIDERATION COMPRISES OF CASH PAYMENT & INCLUDES TRANSFER OF DEFERRED SPECTRUM INSTALMENTS PAYABLE TO DEPARTMENT OF TELECOMMUNICATION‍​.WILL UTILISE PROCEEDS OF MONETISATION OF CASH DEAL SOLELY FOR PRE-PAYMENT OF DEBT TO ITS LENDERS.  Full Article

India's Mukesh Ambani Considers IPO Of Jio Wireless Carrier- Bloomberg,Citing Sources
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - :INDIA'S MUKESH AMBANI CONSIDERS IPO OF JIO WIRELESS CARRIER- BLOOMBERG,CITING SOURCES.RELIANCE INDUSTRIES IS HOLDING INTERNAL DISCUSSIONS ABOUT PREPARING TO LIST JIO AS SOON AS LATE 2018 OR EARLY 2019- BLOOMBERG,CITING SOURCES.  Full Article

Reliance Industries Buys Stake In Dreketi S.A. In Uruguay
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Reliance Industries Ltd ::SAYS BOUGHT STAKE IN DREKETI S.A. IN URUGUAY.SAYS DREKETI HAS BECOME WHOLLY-OWNED UNIT OF CO.  Full Article

Reliance Industries ‍closes sale of assets in Marcellus shale play of north-eastern and central Pennsylvania​
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Reliance Industries Ltd ::Closes sale of its assets in Marcellus shale play of north-eastern and central Pennsylvania​.Contingent amount of up to $11.25 million may be paid to co between 2018-2020 based on certain gas price thresholds being achieved.  Full Article

McDermott receives letter of award for KG-D6 subsea installation contract from Reliance Industries
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Mcdermott International Inc :Mcdermott-Letter of award for contract from reliance industries for KG-D6 subsea field development in Krishna Godavari Basin, off east coast of India​.Mcdermott International Inc - ‍ contract award is expected to be reflected in Mcdermott's Q4 2017 backlog​.Mcdermott International Inc - ‍contract is scheduled for completion by Q2 of 2020 for base scope, and Q1 of 2021 for optional scope​.  Full Article

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Sensex, Nifty clock all-time closing highs; Reliance Industries gains

Indian shares hit record closing highs on Monday for a fourth straight session led by Reliance Industries, while Oil and Natural Gas Corp gained after a deal to buy a majority stake in a state-run refiner.