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Reliance Industries Ltd. (RIL), a titan in the energy and telecom industries, plunged roughly 20% from its 52-week high levels because of the current turbulence in the local equities market. In comparison to its 52-week high of Rs 2,855, reached on April 29 of last year, the stock traded at Rs 2,284.90 on Monday.

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indiabiz-live-reliance-industries-stock-dropped-20-from-its-52-week-high-

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  1. HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS ECONOMIC Reliance Industries’ stock dropped 20% from its 52-week High  Home - Markets - Reliance Industries’ stock dropped 20% from its 52-week High Search here ...  Latest Update RECENT POPULA R COMMO N  March 15, 2023 Tax debt exceeded Rs 26.15 trillion by January and was 94% non- recoverable  March 15, 2023 Gynoveda, a Startup, Receives $10M from India Alternative Fund Markets  March 15, 2023  March 14, 2023 A $22 million Series C Fundraising Round is Raised by HealthPlix Technologies By Gurpreet Kaur  1 day ago  0  40  1 minute read           Facebook Twitter Reliance Industries Ltd. (RIL), a titan in the energy and telecom industries, plunged roughly 20% from its 52-week high levels because of the current turbulence in the local equities market. In comparison to its 52-week high of Rs 2,855, reached on April 29 of last year, the stock traded at Rs 2,284.90 on Monday.  Considering the current recession in the global markets, market observers are apprehensive about RIL soon. They do, however, believe that the demerger of the retail and telecom industries would create future wealth for shareholders. Reliance Industries now has 32 “Buy,” 3 “Sell,” and 2 “Hold” calls, according to Motilal Oswal.   March 15, 2023 The Top Stock on the 3rd week of March 2023 Most Viewed Expert Saying   February 15, 2023 World demand slowdown & weakness in GRM have hurt RIL in the recent past, noted AK Prabhakar, Head of Research at IDBI Capital Markets when discussing his opinions on RIL. On the other hand, we think Reliance Industries will eventually recover. New investors are advised to hold off until May.  The founder of Equinomics Research and Consultancy, G Chokkalingam, stated, they are quite positive about RIL. It is growing into a little economy all by itself. By releasing wealth from the telecom, retail, and renewable energy areas, the company’s shares will signi?cantly reward investors over the next four years. They think it would have similar success in new industries like consumer goods and green energy.  RIL’s net pro?t for the nine months that ended on December 31, 2022, climbed by 6.52 per cent year over year to Rs 47,403 crore. On the other hand, over the same time, gross sales increased by about 32% YoY to Rs 7,37,442 crore.  SystematixInstitutionalEquities forecasts a 3% CAGR in oil-to-chemicals (O2C) EBITDA and believes that robust petrochemical margins would more than offset RIL’s reduced GRM. With a target price of Rs 2,825, the brokerage began coverage on RIL last month, representing an increase of more than 20% over the current market price.  On increased investment in petrochemicals, 5G, organised retail, energy transition, and new energy Adani Group equities are the Subject of This Week   January 31, 2023 IHC investment leads Adani Enterprises shares to boost by 5%   HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS ECONOMIC  February 20, 2023 

  2. Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs industries, net debt might increase (from Rs 1.2 trillion in FY22 to Rs 1.8 trillion in FY25). The increase in mobile rates, the IPO of Jio and Retail, and the monetization of O2C and RIL Syngas are a few of the company’s major upside triggers, according to research by Systematix Institutional Equities.  January 17, 2023 Shark Tank India 2 – Catching Big Fishes for National Start- Up Day   You can share this post!            February 7, 2023  Previous article Bombay Times Discusses Workplace Prejudice Towards the LGBTQ+ Community Next article  The Top Stock Q3 Results Preview of February 2023 2nd Week Ayurveda Co. raises millions in a Series A investment led by Sixth Sense Ventures Related Articles  February 8, 2023 MARKETS MARKETS MARKETS Price of Paytm stock: Double Upgrades by Macquarie   Most Reviews The Top Stock on the 3rd week of… After the Lock-in Period Expires, YES Bank Shares… High risk LTIMindt RECENT POPULA R COMMO N  March 15, 2023  March 13, 2023  March  March 15, 2023 Tax debt exceeded Rs 26.15 trillion by January and was 94% non- recoverable Leave a Reply Your email address will not be published. Required ?elds are marked * Comment *  March 15, 2023 Gynoveda, a Startup, Receives $10M from India Alternative Fund  March 15, 2023 A $22 million Series C Fundraising Round is Raised by HealthPlix Technologies Name * Email * POST COMMENT HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS Newsletter ECONOMIC 

  3. Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email a  About Indiabiz Recent Post Popular Categories Trending Post  March 15, 2023 Campaigns Digital Media Adani Group equities are the Subject of This Week  Tax debt exceeded Rs 26.15 trillion by January and was 94% non-recoverable Economic Fund Raising Marketing Markets Politics Startups  March 15, 2023 Uncategorized IHC investment leads Adani Enterprises shares to boost by 5%   Gynoveda, a Startup, Receives $10M from India Alternative Fund  March 15, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52-week Highs A $22 million Series C Fundraising Round is Raised by HealthPlix Technologies © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz 

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