Reliance Industries Limited (RIL) will hold its 47th Annual General Meeting today i.e. Thursday (29 August) at 2 pm. Company Chairman Mukesh Ambani will address this meeting through video conferencing. Meeting can be joined through Jio Meet. Reliance Jio Infocomm as well as Reliance Retail's IPO can be announced in this meeting. Discussions have been going on about this for a long time. Apart from this, the stock market will also focus on the update of the company's future plans regarding news energy business. Slight rise in Reliance shares, trading around 3000 There is a slight rise in Reliance shares before the AGM. The stock is trading around Rs 3000 today. Reliance shares have given a return of 23% in a year. At the same time, the stock has risen only 2.50% in 6 months. At the same time, the shares have fallen by about 1.5% in a month. Profit of Rs 15,138 crore in the first quarter of FY 2024-25 A month ago, Reliance Industries released the results for the first quarter of FY 2024-25. The company has made a profit of Rs 15,138 crore in this quarter. There has been a 5.45% decrease in profit on an annual basis. The profit in the same quarter a year ago was Rs 16,011 crore. At the same time, the company's income (revenue) in the April-June quarter was Rs 2,36,217 crore. In the same quarter a year ago, the company had generated a revenue of Rs 2,10,831 crore. That is, an increase of 12.04% has been registered on an annual basis. 1. Reliance Jio: Became the world's largest telecom operator in terms of data usage 2. Reliance Retail: Opened 331 new stores in the first quarter, total number of stores increased to 18,918 Reliance is India's largest private sector company Reliance is India's largest private sector company. It currently operates in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewable energy, digital services and retail sectors.
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Reliance's 47th AGM at 2 pm: Jio Infocomm and Reliance Retail IPO announcement possible, shares rise marginally
