Page 6 - Ril Stock
Abu Dhabi Investment Authority invests Rs 5,512.50 cr in Reliance Retail
With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion
 "Abu Dhabi Investment Authority invests Rs 5,512.50 cr in Reliance Retail")
General Atlantic to invest Rs 3,675 cr into Reliance Retail for 0.84% stake
Strategic investor to be inducted later; General Atlantic becomes third PE firm to infuse funds
 "General Atlantic to invest Rs 3,675 cr into Reliance Retail for 0.84% stake")
RIL, TV18 Broadcast: How to trade Reliance group stocks post 2nd KKR deal
RIL soared 3 per cent to Rs 2,276.50 on the BSE on Wednesday in intra-day trade, after the company announced that global investment firm KKR will invest Rs 5,550 crore in Reliance Retail Ventures
 "RIL, TV18 Broadcast: How to trade Reliance group stocks post 2nd KKR deal")
Reliance Industries hits record high; m-cap crosses Rs 15 trillion mark
The stock has gained 10 per cent in the past two trading days after Silver Lake on Wednesday agreed to invest Rs 7,500 crore ($1 billion) into Reliance Retail Ventures (RRVL).
 "Reliance Industries hits record high; m-cap crosses Rs 15 trillion mark")
While RIL gains, deal may not be as sweet for Future Group shareholders
Valuation concerns could weigh on the stock price of Future Enterprises
 "While RIL gains, deal may not be as sweet for Future Group shareholders")
This top-performing Indian hedge fund says stocks have risen too fast
True Beacon, which invests only in large-cap stocks and is up about 21% this year, is adding shares of software exporters and pharmaceutical companies
 "This top-performing Indian hedge fund says stocks have risen too fast")
Here's why CLSA and Edelweiss have downgraded Reliance Industries' stock
Edelweiss Securities notes that the stock's primary triggers - deleveraging, asset monetisation and digital momentum - have already played out.
 "Here's why CLSA and Edelweiss have downgraded Reliance Industries' stock")
RIL now accounts for 10% of all BSE-listed companies' combined market cap
Thus far in the calendar year 2020 (CY20), RIL's market-cap has surged 49.8 per cent, or Rs 4.77 trillion, from Rs 9.59 trillion on December 31, 2019
 "RIL now accounts for 10% of all BSE-listed companies' combined market cap")
Google stake in Jio, 5G plans: How brokerages interpreted RIL's 43rd AGM
Mukesh Ambani said in the company's 43rd AGM on Wednesday that homegrown 5G solutions would be available for trials as soon as spectrum was given out.
5G plan, Google stake in Jio Platforms see Voda Idea, Airtel slip up to 6%
Reliance Industries (RIL) in exchange filing today announced that Jio Platforms, a subsidiary of the Company, has signed binding agreements with Google International LLC
 "5G plan, Google stake in Jio Platforms see Voda Idea, Airtel slip up to 6%")
Reliance, Wipro lift stock market as hopes of Covid vaccine boost optimism
India's most valuable stock Reliance Industries rose about 1.1% ahead of an annual general meeting due later in the day
 "Reliance, Wipro lift stock market as hopes of Covid vaccine boost optimism")
Deleveraging, lower capex and ARPU rise to aid RIL's earnings growth
Analysts see more gains in Reliance Industries stock
 "Deleveraging, lower capex and ARPU rise to aid RIL's earnings growth")
Faster deleveraging, recovery in energy, retail could spur RIL re-rating
Over the past two months, it has announced the sale of $ 14 billion of assets, completed a $7 billion rights issue and slowed the run rate of new investment by a quarter
 "Faster deleveraging, recovery in energy, retail could spur RIL re-rating")
RIL rights issue subscribed 1.6 times on attractive discount to CMP
Market players say strong demand for issue underscores investors faith in firm's long-term prospects
 "RIL rights issue subscribed 1.6 times on attractive discount to CMP")
RIL fixes May 14 as record date for rights issue. Should you subscribe?
Most brokerages expect the company to do well over the coming quarters and peg the target price for the stock higher than its current market price. Subscribing to the issue makes sense, they say
RIL repositioning as consumer, tech co may push up stock price: J P Morgan
J P Morgan said that the core energy business could be staring at multi-year slump
RIL's Q4 PBT falls 33% to Rs 9,223 cr due to pressure in petrochemicals biz
The company looks to raise Rs 53,125 crore through this rights issue, which will be the first by RIL in three decades
 "RIL's Q4 PBT falls 33% to Rs 9,223 cr due to pressure in petrochemicals biz")
RIL's m-cap increases by Rs 1.5 trillion in four days post Facebook deal
The stock hit a two-month high today and has recovered 68 per cent from its last month low of Rs 876 touched on March 23, in an intra-day deal.
 "RIL's m-cap increases by Rs 1.5 trillion in four days post Facebook deal")
Facebook deal helps RIL get investors' attention back as debt concerns rise
FB deal puts it on course to be debt free next year; Reliance Retail biggest gainer from WhatsApp, JioMart arrangement
 "Facebook deal helps RIL get investors' attention back as debt concerns rise")
Reliance Industries stock zooms 10%, pips TCS to become most-valued firm
The company's scrip zoomed 9.74 per cent to Rs 1,035 on the BSE
