Reliance Industries Ltd (RELI.BO)
Mon, Jan 21 2019
Jan 21 Indian shares rose on Monday after a week of strong earnings for large-caps, with market heavyweight Reliance Industries Ltd extending gains to a second day, while a weaker rupee supported IT stocks.
* Ambani says to launch online platform to connect small retailers
MUMBAI, Jan 18 Shares in India's Reliance Industries rose on Friday, a day after the conglomerate reported record quarterly numbers that showed the strategy to diversify beyond refining and petrochemicals was beginning to yield results.
India's Reliance Industries on Thursday posted record quarterly profit driven by its telecoms, retail and petrochemicals businesses, which offset the impact of a weaker refining margins due to volatile crude prices.
Jan 17 India's Reliance Industries on Thursday posted record quarterly profit driven by its telecoms, retail and petrochemicals businesses, which offset the impact of a weaker refining margins due to volatile crude prices.
* Refining will continue to be weak, said Reliance exec (Adds details from press conference, quotes)
Jan 17 Indian conglomerate Reliance Industries Ltd on Thursday posted a 8.8 percent rise in third-quarter profit, beating analyst estimates, driven by growth in its petrochemicals business and refining business.
Jan 17 Indian shares ended the session nearly unchanged on Thursday, as gains in IT and financials stocks were offset by losses in healthcare and consumer stocks, while investors marked time ahead of corporate earnings.
Jan 17 Indian shares crept higher on Thursday, with financial and energy stocks accounting for more than half the gains in the index for a second session, as investors turned their attention to corporate earnings.
Jan 15 Indian shares ended higher on Tuesday, with the benchmark BSE index marking its best closing level in nearly a month, after retail inflation rate fell to an 18-month low, raising optimism that the central bank could ease monetary policy next month.