Latest news with #RIL
India.com
2 hours ago
- Business
- India.com
Just Dial, Netmeds, Campa Cola: 7 lesser known companies of Mukesh Ambani you should know about, 4th one will surprise you
Mukesh Ambani businesses: We all have heard about Mukesh Ambani who is known as the richest man in India and the fact that he owns the Reliance Industries Limited (RIL), which is one of India's most powerful business empires. However, do you know what are the businesses that billionaire Mukesh Ambani owns stakes in. Readers should note that Mukesh Ambani's Reliance Industries owns stakes in multiple industries including textiles, energy, petrochemicals, telecom, retail, media, and now green energy. It can easily be said that the Ambani led conglomerate influences nearly every sector of the Indian economy and operates through a wide network of subsidiaries. What are key businesses under Mukesh Ambani's RIL? The key businesses under Mukesh Ambani's RIL include Jio Platforms, which transformed India's telecom landscape, and Reliance Retail, the country's largest retail chain. After Reliance Jio debuted in the Indian market in 2008, it transformed the telecom market by offering mobile services, broadband, and digital apps at prices no one could ever imagine. What are the famous ventures of Mukesh Ambani? Another arm of RIL is the Reliance Retail which operates stores across fashion, grocery, electronics, and e-commerce. Also, on a more significant level, RIL also owns stakes in media arms like Network18. Some of the major Reliance Group companies include Reliance Industries Limited (RIL), Jio Financial Services, Network18, Viacom18, Jio Hotstar, Jio Saavn, DEN Networks, Hathway Cable, GTPL Hathway, Netmeds, Just Dial, Alok Industries, Sterling & Wilson Renewable Energy, Urban Ladder. Apart from these brands, Mukesh Ambani's RIL also owns Reliance Retail, JioMart, Ajio, Reliance Trends, Smart Bazaar, Tira Beauty, Reliance Fresh, Campa Cola, Reliance New Energy, Reliance Life Sciences, Reliance Jio Infocomm, Infomedia Press, Reliance Strategic Investments. What is the Net worth of Mukesh Ambani? As per Forbes Mukesh Ambani's net worth is $107.3 billion and he is ranked 16th in the list of the richest people in the world.
Economic Times
6 hours ago
- Business
- Economic Times
Will Reliance shares deliver bumper returns for 48 lakh shareholders? 3 game-changing triggers ahead
Despite recent investor disappointment with Q1 results, Reliance Industries (RIL) is poised for significant growth, according to major brokerages. Jio's rising ARPU through tariff hikes, the ambitious new energy business entering execution phase, and the potential Jio IPO are key catalysts. Analysts project substantial value creation, with targets indicating confidence in RIL's transformation. Tired of too many ads? Remove Ads Here are 3 growth triggers that can ignite a rally in RIL shares: 1) Jio's ARPU Explosion Through Strategic Tariff Hikes Tired of too many ads? Remove Ads 2) New Energy Business: The Next Opportunity Tired of too many ads? Remove Ads 3) Jio IPO: The Ultimate Value Crystallization Event While billionaire Mukesh Ambani-led Reliance Industries RIL ) disappointed investors with Q1 results that fell short of street expectations, leading to sharp selling pressure after a blistering 25% rally from March lows, major brokerages see a perfect storm of growth catalysts brewing that could trigger substantial value creation in the months mixed street reaction tells the tale of two stories: Kotak Equities downgraded the blue-chip Nifty heavyweight to 'Add' from 'Buy,' while global giants JP Morgan and Jefferies boldly upgraded their target prices by 8% and 5% respectively, signaling confidence in the oil-to-telecom giant's transformation delivered a "strong beat on higher margins" with ARPU climbing 1.3% quarter-on-quarter to ₹208.8 per month, according to Bernstein. But the real fireworks are yet to come."Over FY25-28, we expect Jio's ARPU to rise at 11% CAGR to Rs273, led by three tariff hikes of 10% each in end-2QFY26/27/28," Jefferies analysts project, with rising share of higher-ARPU home broadband users providing additional telecom powerhouse added 498.1 million subscribers (+1.7% QoQ) with EBITDA margins surging to 51.8% (170bps QoQ), as consolidated revenue hit ₹410.5 billion (+18.8% YoY).RIL's ambitious new energy push is entering the critical execution phase, with management expecting "Giga factories/new energy projects (Polysilicon, wafer, cell, module, batteries) to be completed in the next four to six quarters."The scale is staggering: "Reliance gigacomplex will be the largest end-to-end renewable energy manufacturing 4x of Tesla giga factory," Bernstein notes. The company plans to commission solar/cell capacities by March next year, with the 7,000-acre Kutch site having "potential to produce 125GW of power."Nuvama's analysis reveals the hidden value bomb: "Drawing a solar module/cell capacity comparison with Waaree (13.3/5.4GW) and Premier (4/3.2GW), whose EVs are ~$10 bn and $6 bn, respectively, RIL's 20GW fully integrated solar equipment manufacturing facility could potentially translate to a much higher EV."The numbers are eye-popping: "Ascribing a 15x EV/EBITDA to RIL's modules business (20GW capacity) yields an EV of USD20bn, which could trigger a valuation re-rating for RIL's stock price—similar to the trend seen following RJIO's launch in 2017."This fundamental shift in RIL's business model is reshaping its investment appeal. "Prior to venturing into retail/telecom, RIL's earnings growth was determined by either: a) capex (new refining/chemical capacities), or b) margin cycles," JP Morgan notes. "Reliance Retail + Telecom now account for ~54% of total FY25 consolidated EBITDA."The new energy vertical adds another dimension: "RIL's New Energy rollout shall not only add 50%-plus to PAT, but also re-rate valuations, including the O2C business given its net zero-carbon target by 2035," according to much-anticipated Jio IPO, though "pushed beyond 2025," remains the ace up RIL's sleeve for unlocking massive shareholder value. JP Morgan values Reliance Retail at $121 billion, trading at ~32x FY27E EBITDA—significantly below DMART's 42x multiple."Any crystallization of this retail valuation upside – through an IPO process or through further stake sales – could lead to further upside in RIL's stock," JP Morgan analysts confidence is palpable: "We expect Reliance's consolidated Ebitda to improve significantly in the near future, led by increasing share of Jio and Retail." The brokerage sees RIL's "conservative valuation" as making it "an attractive bet for most large cap portfolios" in an "otherwise extended valuation of the Indian market."JP Morgan's investment thesis is equally compelling: "In a market where most stocks are trading well above historical valuations, Reliance's fair relative valuations are an attraction." The firm expects RIL to "deliver positive free cash flow" with an EBITDA run-rate of approximately $20 billion reinforces the bullish narrative: "The stock currently trades at 12.1x and 23.3x FY27F EV/EBITDA and P/E, respectively. We reiterate our Buy rating for RIL."Investors will now laser-focus on the upcoming AGM within two months, looking for "further announcements on growth plans in FMCG, the ramp-up of new energy facilities, the expansion of the media business, acceleration of growth in Retail, the ramp-up of subscriber additions and monetisation for Jio along and the IPO of Jio."With RIL targeting to "double the size of its Jio and Retail businesses" alongside the new energy ramp-up "to the size of its O2C business," the company's ambitious goal of "doubling Reliance's size by the end of FY30" suddenly appears within striking distance, according to RIL's 48 lakh shareholders weathering the current volatility, the message from Street's finest is clear: the best may be yet to come.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
7 hours ago
- Business
- Time of India
Will Reliance shares deliver bumper returns for 48 lakh shareholders? 3 game-changing triggers ahead
Despite recent investor disappointment with Q1 results, Reliance Industries (RIL) is poised for significant growth, according to major brokerages. Jio's rising ARPU through tariff hikes, the ambitious new energy business entering execution phase, and the potential Jio IPO are key catalysts. Analysts project substantial value creation, with targets indicating confidence in RIL's transformation. Tired of too many ads? Remove Ads Here are 3 growth triggers that can ignite a rally in RIL shares: 1) Jio's ARPU Explosion Through Strategic Tariff Hikes Tired of too many ads? Remove Ads 2) New Energy Business: The Next Opportunity Tired of too many ads? Remove Ads 3) Jio IPO: The Ultimate Value Crystallization Event While billionaire Mukesh Ambani-led Reliance Industries RIL ) disappointed investors with Q1 results that fell short of street expectations, leading to sharp selling pressure after a blistering 25% rally from March lows, major brokerages see a perfect storm of growth catalysts brewing that could trigger substantial value creation in the months mixed street reaction tells the tale of two stories: Kotak Equities downgraded the blue-chip Nifty heavyweight to 'Add' from 'Buy,' while global giants JP Morgan and Jefferies boldly upgraded their target prices by 8% and 5% respectively, signaling confidence in the oil-to-telecom giant's transformation delivered a "strong beat on higher margins" with ARPU climbing 1.3% quarter-on-quarter to ₹208.8 per month, according to Bernstein. But the real fireworks are yet to come."Over FY25-28, we expect Jio's ARPU to rise at 11% CAGR to Rs273, led by three tariff hikes of 10% each in end-2QFY26/27/28," Jefferies analysts project, with rising share of higher-ARPU home broadband users providing additional telecom powerhouse added 498.1 million subscribers (+1.7% QoQ) with EBITDA margins surging to 51.8% (170bps QoQ), as consolidated revenue hit ₹410.5 billion (+18.8% YoY).RIL's ambitious new energy push is entering the critical execution phase, with management expecting "Giga factories/new energy projects (Polysilicon, wafer, cell, module, batteries) to be completed in the next four to six quarters."The scale is staggering: "Reliance gigacomplex will be the largest end-to-end renewable energy manufacturing 4x of Tesla giga factory," Bernstein notes. The company plans to commission solar/cell capacities by March next year, with the 7,000-acre Kutch site having "potential to produce 125GW of power."Nuvama's analysis reveals the hidden value bomb: "Drawing a solar module/cell capacity comparison with Waaree (13.3/5.4GW) and Premier (4/3.2GW), whose EVs are ~$10 bn and $6 bn, respectively, RIL's 20GW fully integrated solar equipment manufacturing facility could potentially translate to a much higher EV."The numbers are eye-popping: "Ascribing a 15x EV/EBITDA to RIL's modules business (20GW capacity) yields an EV of USD20bn, which could trigger a valuation re-rating for RIL's stock price—similar to the trend seen following RJIO's launch in 2017."This fundamental shift in RIL's business model is reshaping its investment appeal. "Prior to venturing into retail/telecom, RIL's earnings growth was determined by either: a) capex (new refining/chemical capacities), or b) margin cycles," JP Morgan notes. "Reliance Retail + Telecom now account for ~54% of total FY25 consolidated EBITDA."The new energy vertical adds another dimension: "RIL's New Energy rollout shall not only add 50%-plus to PAT, but also re-rate valuations, including the O2C business given its net zero-carbon target by 2035," according to much-anticipated Jio IPO, though "pushed beyond 2025," remains the ace up RIL's sleeve for unlocking massive shareholder value. JP Morgan values Reliance Retail at $121 billion, trading at ~32x FY27E EBITDA—significantly below DMART's 42x multiple."Any crystallization of this retail valuation upside – through an IPO process or through further stake sales – could lead to further upside in RIL's stock," JP Morgan analysts confidence is palpable: "We expect Reliance's consolidated Ebitda to improve significantly in the near future, led by increasing share of Jio and Retail." The brokerage sees RIL's "conservative valuation" as making it "an attractive bet for most large cap portfolios" in an "otherwise extended valuation of the Indian market."JP Morgan's investment thesis is equally compelling: "In a market where most stocks are trading well above historical valuations, Reliance's fair relative valuations are an attraction." The firm expects RIL to "deliver positive free cash flow" with an EBITDA run-rate of approximately $20 billion reinforces the bullish narrative: "The stock currently trades at 12.1x and 23.3x FY27F EV/EBITDA and P/E, respectively. We reiterate our Buy rating for RIL."Investors will now laser-focus on the upcoming AGM within two months, looking for "further announcements on growth plans in FMCG, the ramp-up of new energy facilities, the expansion of the media business, acceleration of growth in Retail, the ramp-up of subscriber additions and monetisation for Jio along and the IPO of Jio."With RIL targeting to "double the size of its Jio and Retail businesses" alongside the new energy ramp-up "to the size of its O2C business," the company's ambitious goal of "doubling Reliance's size by the end of FY30" suddenly appears within striking distance, according to RIL's 48 lakh shareholders weathering the current volatility, the message from Street's finest is clear: the best may be yet to come.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
7 hours ago
- Business
- Time of India
RIL Share Price Live Updates: RIL Stock Price Summary
22 Jul 2025 | 09:07:24 AM IST Stay updated with the RIL Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore the latest updates on RIL stock, including: Last traded price 1428.2, Market capitalization: 1933249.04, Volume: 125517, Price-to-earnings ratio 23.72, Earnings per share 60.23. Our liveblog combines fundamental and technical insights to offer a comprehensive overview of RIL's performance. Gain valuable market knowledge and make informed decisions with our expert analysis. Be the first to know about breaking news that can impact RIL's trajectory. Join us on this journey as we explore the exciting potential of RIL. The data points are updated as on 09:07:24 AM IST, 22 Jul 2025 Show more
Time of India
a day ago
- Business
- Time of India
Reliance Industries share price target at Rs 1,300 or Rs 1,767? What brokerages predict
Shares of oil-to-retail conglomerate Reliance Industries (RIL) on Monday fell 3.5% to Rs 1,423 on BSE as Q1 results didn't provide the growth confidence that the market was looking for, but Mukesh Ambani's plan to double earnings by 2029 left room for optimism in the air. While Kotak Equities downgraded the bluechip Nifty stock to add from buy rating, JP Morgan and Jefferies have upgraded their target price by 8% and 5%, respectively. Out of 27 brokerages with coverage on the stock, 7 of them have target prices of at least Rs 1,700-mark. Nuvama remains the most bullish with the highest target price of Rs 1,767 on RIL. Others with targets of Rs 1,700 or more are Axis Capital , Jefferies, BNP Paribas , Goldman Sachs, and JM Financial. Explore courses from Top Institutes in Select a Course Category healthcare Public Policy Technology MCA Finance Degree Digital Marketing Design Thinking Data Analytics Operations Management Management Data Science MBA Product Management PGDM Project Management Healthcare others Data Science Leadership Cybersecurity CXO Artificial Intelligence Others Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details On the other hand, Ambit is the biggest bear on RIL with a target price as low as Rs 1,300 and a sell call. Out of the 27 brokerage houses, 25 have a Buy/Add recommendation. The median target price of all brokerages stands at Rs 1,640, about 15% upside from current price. "RIL's June quarter earnings will not inspire the confidence we had hoped for both in energy and consumer retail. However, the miss in energy earnings was caused by temporary factors related to lower availability of cheaper crudes and expensive fuel oil; it should bounce back sharply in the current quarter. The weak top--line growth in retail reflects a very bumpy path ahead. The bright spot was New Energy, which we believe will surprise," Morgan Stanley said while maintaining its overweight call with a target price of Rs 1,617. Also Read | Explained: Why Reliance Industries shares fell 3% after reporting highest-ever profit Most analysts said RIL's Q1 results were a mixed bag with positive momentum in Jio offset by slower-than-forecast retail revenue. Kotak Institutional Equities, which downgraded the stock to add from buy rating, also reduced the target price from Rs 1,650 to Rs 1,520, saying that valuations are richer and the upside looks limited after the recent run-up in share prices. RIL shares have rallied around 17% so far in the calendar year. Investors will now focus on the upcoming AGM within two months and look for further announcements on growth plans in FMCG, the ramp-up of new energy facilities, the expansion of the media business, acceleration of growth in retail, the ramp-up of subscriber additions and monetisation for Jio along and the IPO of Jio, CLSA said. BofA Securities said beyond Q1, it continues to see steady to improving momentum across all businesses.
