Reliance

Ambani brothers to resolve disputes through cordial dialogue

Mukesh Ambani, Anil AmbaniIn a late Sunday night statement, Reliance Industries Limited's (RIL) Mukesh Ambani welcomed brother Anil Ambani's call to make a renewed attempt to resolve their ongoing dispute, which largely resulted from an apportion of wide-ranging family business - comprising energy, financial services and telecommunications.

China Wireless to sell handsets in India via RCoM

China Wireless to sell handsets in India, via RCoM Handset maker Coolpad Communications, a subsidiary of China Wireless, has announced to invest over Rs 400 crore in India to roll out its range of dual mode handsets and set up a research and development centre in the country.

The Chinese company has partnered with Reliance Webstore, the retail chain of Reliance ADA Group.

As per the agreement, Reliance Webstore will market the handsets through Reliance World and Reliance Mobile stores across India.

At present, there are over 230 Reliance World outlets across 104 cities in India.

Intraday Buy Call For Reliance Infra

Reliance-InfrastructureStock market analysts have maintained 'buy' rating on Reliance Infrastructure Ltd with an intraday target of Rs 1342.

According to them, interested traders can purchase the stock between Rs 1330-1332 with a strict stop loss of Rs 1315. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 1355.

Shares of the company, on Thursday (Oct 08), closed at Rs 1331.15 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 49.03 and 26.88 respectively. The share price has seen a 52-week high of Rs 1373.70 and a low of Rs 354 on BSE.

Buy RIL For Short Term: Nirmal Bang

RelianceNirmal Bang, one of the leading equity research-cum-broking house, has recommended a buy on Reliance Industries Ltd (RIL) stock with a short term.

The report further stated that, if the counter is successful to breach Rs 2160 levels, then it will hit 2190-2215.

The stock has strong support at Rs 2110.

Today (Oct 06), the shares of the company opened at Rs 2139.70 on the Bombay Stock Exchange (BSE). Current EPS and P/E of the stock stood at 94.07 & 22.68 respectively. The share price has seen a 52-week high of Rs 2490 and a low of Rs 930 on BSE.

Now “Do Knot Disturb” Zone On Your R-World!

Reliance MobileThe country’s leading telecom service provider, Reliance Mobile, has come up with a new Value Added Service (VAS).

As part of its partnership with BIG Pictures, the company has launched a VAS for the upcoming Bollywood film “Do Knot Disturb”.

The service is meant for both the GSM and CDMA mobile subscribers of the company.

For this purpose, the operator has unveiled a unique “Do Knot Disturb” zone on its mobile VAS platform ‘R-World’.

Validity of gas marketing margin levied by RIL in question

Mukesh AmbaniThe validity of marketing margin being levied by the Mukesh Ambani-led firm Reliance Industries Ltd (RIL) on the sale of gas from its Krishna Godavari-D6 fields, has been questioned by the Power Ministry and the state-run generation utility NTPC on Friday.

Marketing margin essentially is the cost to "market the product" and to "develop a market" for it, including services and infrastructure.

Make STD calls @39p/min on Reliance GSM

Reliance CommunicationsIn a move that would benefit the user’s of Delhi and NCR regions, Reliance Communications (RCom) has rolled out a STD offer pack which will enable RCom user’s to make STD calls at just 39 paisa per to any network.

RCom, part of the Anil Dhirubhai Ambani Group, has introduced the new pack to cater to demand of its user’s heavy for the forthcoming festive season.

Buy RCom To Achieve Short-Term Target Of Rs 368: Abhishek Jain, Stocksidea.com

RelianceIn its latest research report, Abhishek Jain, stocksidea. com, said that Reliance Communications, which has been consolidating between Rs 305-320 level, can give good returns in the short term.

The report further stated that, if the counter is successful to breach Rs 348 levels, then it will create a huge breakout.

Abhishek Jain has advised investors to hold the stock to achieve a target price above Rs 368.

Furthermore, the firm has suggested a support level for the scrip at Rs 278.

Buy Reliance Ind To Achieve Target Of Rs 2160: Nirmal Bang

Buy Reliance Ind To Achieve Target Of Rs 2160: Nirmal BangIn its latest research report, Nirmal Bang, an equity research firm said that Reliance Ind, which has been consolidating between Rs 2060-2090 level, can give good returns in 4-5 trading sessions.

Nirmal Bang has advised investors to buy the stock around 2040-2010 to achieve a target price of Rs 2120.

The report further stated that, if the counter is successful to breach Rs 2132 levels, then it will hit Rs 2160

The stock has strong support at Rs 1980.

Buy Reliance Capital To Achieve Target Of Rs 905: Nirmal Bang

RelianceIn its latest research report, Nirmal Bang, an equity research firm said that Reliance Capital can give good returns in the coming days.

According to Nirmal Bang Research, interested traders can buy the stock with a strict stop loss of Rs 828.

Today (Sep 02), the shares of the company opened at Rs 859.35 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 30.35 & 29.44 respectively. The share price has seen a 52-week high of Rs 1433.25 and a low of Rs 274.20 on BSE.

Buy Reliance Ind To Achieve Short-Term Target Of Rs 2100

Buy Reliance Ind To Achieve Short-Term Target Of Rs 2100In its latest research report, Nirmal Bang, an equity research firm said that Reliance Industries, which has been consolidating between Rs 1965-1980 level, can give good returns in the short term.

The report further stated that, if the counter is successful to breach Rs 1990 levels, then it will create a huge breakout.

Nirmal Bang has advised investors to hold the stock to achieve a target price above Rs 2100.

Bharti, RCom emerged as Major Gainers in the Telecom Sector

RelianceReliance Communications (RCom), Wire and Wireless India Ltd. (WWIL) and Bharti Airtel were among the major gainers during the week.

Bharti Airtel, Asia's leading integrated telecom services provider, grew 5.7% during the week. According to reports, Airtel is planning to offer $13.1 billion in cash to MTN Group and shares for acquiring a 49% stake in the South African telecom major.

Buy Reliance Capital To Achieve Target Of Rs 905: Nirmal Bang

RelianceIn its latest research report, Nirmal Bang, an equity research firm said that Reliance Capital can give good returns in short term.

According to Nirmal Bang Research, interested traders can buy the stock with a strict stop loss of Rs 810.

The report further stated that, if the counter is successful to breach 860, then it will hit Rs 905.

Today (Aug 28), the shares of the company opened at Rs 848.70 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 30.35 & 28.73 respectively. The share price has seen a 52-week high of Rs 1433.85 and a low of Rs 274.20 on BSE.

NTPC gets nod to intervene in RIL-RNRL dispute

NTPC gets nod to intervene in RIL-RNRL disputeThe state-run National Thermal Power Corporation has received a nod from the central government to intervene in the gas pricing dispute between Reliance Industries Ltd (RIL) and Reliance Natural Resources Ltd (RNRL), currently pending in the Supreme Court.

The power secretary, HC Brahma, said: “It is now up to NTPC to decide whether to intervene in the RIL-RNRL case.”

Buy ‘RCom’ For Short Term: Abhishek Jain, StocksIdea.com

Buy ‘RCom’ For Short Term: Abhishek Jain, StocksIdea.com Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy Reliance Communications Ltd for short term.

Mr. Jain expects the stock to hit a target of Rs 365.

According to Mr. Jain, the stock may face some resistance around Rs 342 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 244.

Reliance Infra posts 25% growth in net profit

relianceAnil Ambani-controlled ADAG's arm Reliance Infrastructure reported 25.3 per cent growth in its net profit for the first quarter of current financial year ended June 30, on account of high energy sales and better utilization of power generating plants. Its net profit stood at Rs 317 crore in the first quarter, as compared to Rs 253 crore in the previous quarter.

Buy RIL For Short Term: Nirmal Bang

RelianceNirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Reliance Industries Ltd with a short-term target.

According to Nirmal Bang Research, interested traders can buy the stock with a strict stop loss of Rs 1940 to attain a target of Rs 2075.

The report further stated that, if the counter is successful to breach 2025, then it will create a huge breakout.

Buy RCom To Achieve Target Of Rs 315: Nirmal Bang

Buy RCom To Achieve Target Of Rs 315: Nirmal BangNirmal Bang, one of the leading equity research-cum-broking house, has recommended a buy on Reliance Communications (RCom) with a target between Rs 295 – Rs 315.

The report further stated that, if the counter is successful to breach 275, then it will create a huge breakout.

Interested investors can buy the stock on dips and hold.

In addition, the firm has suggested a support level for the scrip at Rs 255.

Buy RNRL To Achieve Target Of Rs 97: Nirmal Bang

Reliance Natural Resources LtdNirmal Bang, one of the leading equity research-cum-broking house, has recommended a buy on Reliance Natural Resources Ltd (RNRL) with a target between Rs 91 - Rs 97.

The report further stated that, if the counter is successful to breach 90, then it will create a huge breakout.

Interested investors can buy the stock on dips and hold.

In addition, the firm has suggested a support level for the scrip at Rs 72.

Buy RIL For Short Term: Nirmal Bang

Buy RIL For Short Term: Nirmal BangNirmal Bang, one of the leading equity research-cum-broking house, is of the view that investors can buy Reliance Industries Ltd with a short-term target.

According to experts at Nirmal Bang, the stock has been underperforming after the High court verdict and it has fallen by almost 26% from its top of 2359 on 15th June till today’s low of 1745.

Technically the stock price is near to the oversold region, the RSI on the daily chart is at 33. Strong support is placed at 1730-1680 regions and the 200-day moving average is at 1574.




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