|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||2,661.00 - 2,697.00|
|52-week range||2,180.00 - 2,856.15|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||35.77|
|Earnings date||19 Jan 2023 - 23 Jan 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2,272.10|
India's Reliance Industries, operator of the world's largest refining complex, is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports, trade flows data from Refinitiv showed. Western sanctions against Russia over its invasion of Ukraine have led to an emergence of rare trade routes for Russian crude and refined products that were mainly sold to European countries. India imported about 410,000 tonnes of naphtha, used for making petrochemicals, in Sept-Oct, the Refinitiv data showed.
(Bloomberg) -- Shares of One 97 Communications Ltd., the parent of India’s leading digital payments brand Paytm, plunged to a record low on Tuesday after Macquarie Group Ltd. analysts flagged risks from billionaire Mukesh Ambani’s foray into the financial services business. Most Read from BloombergMalaysia Latest: Muhyiddin Turns Down King on Unity GovernmentSwedish Housing Is Now in the Worst Rout Since the 1990sCrypto Brokerage Genesis Is Said to Warn of Bankruptcy Without FundingElon Musk's 2
Reliance Industries Ltd reported a flat profit for the second quarter on Friday, as export taxes on refined fuels and weak refining margins weighed down the dominant oil-to-chemical business at India's most valuable company. The Indian government's decision to levy windfall tax on exports of gasoline, diesel and aviation fuels in the second quarter hit profit by 40.39 billion Indian rupees ($488.42 million), Reliance said. The oil-to-chemical (O2C) business, which witnessed strong momentum over the past few quarters on the back of cheap Russian crude and higher demand for transportation fuels, also saw refinery margins cooling off from record highs in the quarter.