'Rs 1000 invested in Reliance shares in 1977 worth Rs 16,54503 today'

Mukesh Ambani India Tv

Additionally, he also said that market capitalization has multiplied from ten crores to over five lakh crores.

"The operating profit was led by robust performance from petrochemicals business and sustained strength in refining business". Both refining and petrochemicals segments surprised positively on the revenue and Ebitda fronts.

It also said its revenues from refining increased 18.3% to Rs 66,945 crore from Rs 56,568 crore during the year-ago period, while its revenues from petrochemicals business saw a almost 23% rise to Rs 25,461 crore from Rs 20,718 crore.

"The listing is a significant wealth creation opportunity for retail investors and will enable them to participate in this high growth and profitable journey", Jain also said. "Jio has revolutionised the Indian telecom and data consumption landscape", Mr. Ambani added. "Full commissioning of new PX facility at Jamnagar during the quarter will strengthen the integration within our polyester chain". The company said that during Q1FY18, its revenues from organised retail jumped almost 74% to Rs 11,571 crore from Rs 6,666 crore a year earlier.

Energy giant Reliance Industries Ltd (RIL) on Thursday reported a consolidated quarterly net profit of 28% for the quarter ended 30 June, lifted by a higher-than-expected refining and petrochemicals margins and one-time gain of Rs 1,087 crore by divesting stake in Gulf Africa Petroleum Corporation, its South African subsidiary. Segment Ebit came in negative at Rs 231 crore.

"The result is exceptional on all fronts", said Paras Bothra, head of research, Ashika Stock Broking. Announcing the 1:1 bonus share, RIL Chairman and Managing Director Mukesh Ambani said this is the country's largest bonus issue. Over the years, the Company has demonstrated sustained success in pioneering the production of differentiated content across different genres and languages.

Reliance Jio Infocomm plans to raise Rs. 20,000 crore by way of a rights issue, the company said in a filing.

RIL will get 2.52 crore shares through preferential allotment at Rs 164 apiece aggregating to Rs 413.28 crore. Each OCPS shall be either redeemed at Rs. 50 or converted into 5 equity shares of Rs. 10 each at any time at the option of the company, but not later than 10 years from the date of allotment.

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