Why Reliance Industries share going down?

Why Reliance Industries share going down?

Reliance Industries share price fell over 2% on Monday after the company reported a 22.5% on-year growth in consolidated net profit at Rs 16,203 crore for the quarter ended March, on the back of bumper oil refining margins, steady growth in telecom, digital services and retail business.

Is Reliance going to split?

Reliance Industries has not split the face value of the share so far.

Is it good to buy Reliance shares now?

Reliance Industries: A good stock to buy This is another stock where we believe the parameters of growth are likely to be fulfilled for the next 5-years. With oil to chemicals business, retail and Jio Platforms all firing, we believe growth is intact for the next 5-years and beyond.

Is Reliance bullish or bearish?

Key Technical Indicators of Reliance Industries Ltd.

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Indicator Value Signal
ADX Adx : 19.06, +DI : 15.74, -DI : 23.49 Bearish
Aroon Aroon Up : 14.00, Aroon Down : 85.00 Strong Bearish
Awesome Osc -81.44 Bearish
MACD Macd : -35.09, Signal Line : -12.30 Bearish

What is the target of RIL share?

CLSA said RIL is one of the best earnings growth stories among India’s largecaps, as it suggested a target of Rs 2,955 on the stock. Jefferies finds the stock Rs 2,950 worthy. Credit Suisse (target: Rs 2,510) and JPMorgan (target: Rs 2,575) are neutral on the stock.

Which share is best to buy?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP Low
Bajaj Finserv 11,428.40 11,290
Bharti Airtel 680.80 676
Britannia Inds. 3,424.85 3,388
Cipla 927.00 922

How many times Reliance Industries share bonus?

Reliance Industries Ltd.

Announcement Date Bonus Ratio Record Date
21-07-2017 1:1 09-09-2017
07-10-2009 1:1 27-11-2009
13-09-1997 1:1 29-11-1997
28-10-1983 3:5 30-11–0001

Is ITC share split?

ITC Ltd. has split the face value 1 time since Sept. 21, 2005. ITC Ltd. had last split the face value of its shares from Rs 10 to Rs 1 in 2016.

Did TCS share split?

Tata Consultancy Services Ltd. Tata Consultancy Services has not split the face value of the share so far.

What is future price of Reliance?

RELIANCE Futures

Instrument Underlying Low Price
Stock Futures RELIANCE 2,487.65
Stock Futures RELIANCE 2,490.80
Stock Futures RELIANCE 2,497.15

Is Reliance giving bonus shares in 2022?

The board of directors of the company at its meeting held on January 12, 2022, have approved and recommended the issuance of fully paid-up bonus shares in the ratio of 1:1, out of its free reserves created out of profit, EaseMyTrip said in a statement.

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Which share is best for long term?

Best Stocks to Buy in India for Long Term

S.No. Long Term Stocks India Industry
1. Reliance Industries Multinational Conglomerate
2. Tata Consultancy Services (TCS) Information Technology
3. Infosys Information Technology
4. HDFC Bank Banking

Is Reliance going to rise tomorrow?

Tomorrow’s movement Prediction of Reliance Industries Limited RELIANCE as on 27 Jun 2022 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session….Munafa value: 35 as on 27 Mon Jun 2022.

Downside target 2442.98
Upside target 2569.78

What is ATR of Reliance?

A brief summary for Reliance Industries Ltd….Technical IndicatorsJun 24, 2022 15:31 (GMT+5:30)

Name Value Action
ATR(14) 21.3357 Less Volatility
Highs/Lows(14) 4.9144 Buy
Ultimate Oscillator 48.187 Sell
ROC -0.396 Sell

Why Reliance petrol pump is closed?

MUMBAI: Reliance Industries, the country s largest private sector company, has decided to shut down all the petroleum retail outlets owned by it directly as surging crude prices and the absence of government subsidies have made operations unviable.

Who is the CEO of Jio?

Mukesh Ambani — the chairman and managing director of Reliance Industries Limited — will continue to serve as the chairman of Jio Platforms Ltd, the flagship company that owns all Jio digital services brands, Jio Infocomm.

Who is the CEO of Reliance?

Image of Who is the CEO of Reliance?

Is Jio listed in NSE?

Reliance Jio Infocomm Ltd. is not listed on NSE (View BSE)

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