Reliance industries ipo price in 1977

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Reliance industries ipo price in 1977

Well, if you are dreaming of becoming a crorepati then investment in one share was enough if invested in Reliance Industries Ltd IPO back in If somebody would have invested Rs 10, in the year , the amount would now cross Rs1 crore mark in the year The market capitalization has multiplied from ten crore to over five lakh crore or 50, times from Rs 10 crore in the year The total assets have increased from Rs33 crore to over Rs, crores and a multiple of over 20, times, Mukesh Ambani said. He further added that the turnover has grown from 70 crore in to over , crore today — an increase of nearly 4, times. Disclosure: Reliance Industries Ltd. Discover the latest business news , Sensex , and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! Home News Business Stocks. Related stories. Mcap of 7 of top most valued firms climbs Rs 71, crore; Bharti Airtel shines. Vantara: Anant Ambani's vision for wildlife welfare, education and community empowerment. Tags: Reliance Industries. Trending news. Zoho's Sridhar Vembu wants India to 'get out of this ultra-competitive exam pressure on children': 'Rat race to extinction'.

Kadana Ukai. It has expanded its portfolio majorly from a polyester business to refining, including manufacturing of refined petroleum products, and petrochemicals, including manufacturing of basic chemicals, fertilizers and nitrogen compounds, plastic and synthetic rubber in primary forms. Related stories.

Shares of Mukesh Ambani led-Reliance Industries RIL were trading volatile in Friday's trade ahead of the oil-to-telecom major's March quarter results, where the Mukesh Ambani-led company is expected to log a flattish profit. Reliance Commercial Corporation was set up in by Dhirubhai Ambani as a small venture firm trading commodities, especially spices and polyester yarn. It opened its first textile mill in Gujarat and was incorporated in as Reliance Textiles and Engineers, Ltd. Till , Reliance's business focused on the textile industry even as it continued to expand. Each of these companies was soon merged into RIL.

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Reliance industries ipo price in 1977

Dhirubhai Ambani returns to India and starts a yarn trading business in Mumbai. Reliance sets up its first petrochemicals and polyester filament yarn plant in Patalganga in record time. Reliance enters the InfoComm business and brings about a revolution in mobile telephony in India.

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How Reliance Industries turned Rs 10, investment in to Rs 3. According to a Bloomberg report, the recent rise in the company's stock price has led it to eclipse BP Plc to break into an elite club of energy supermajors. Article Talk. Retrieved 30 January The company has attracted controversy for reports of political corruption , cronyism , fraud, financial manipulation, and exploitation of its customers, Indian citizens, and natural resources. It is also expanding its retail business to take on Amazon and Walmart. Mumbai , Maharashtra. Kadana Ukai. Archived PDF from the original on 27 August Five main allegations concerning Reliance, which have plunged the Indian capital markets into a period of uncertainty unsurpassed since the days of the securities scam were:. Archived from the original on 2 October Retrieved 10 October

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Reliance's possessions came after rounds of legal wrangling, including a arbitration in Singapore and an antitrust review by the Competition Commission of India. Two retired senior officials of National Insurance Company Limited and 11 others were awarded varying jail terms by a Delhi court in Jan In the same year, Reliance and BP announced a partnership in the oil and gas business. Archived from the original on 11 September The model will work in 11 local languages in four major areas: health , governance , financial services and education. Reliance Commercial Corporation was set up in by Dhirubhai Ambani as a small venture firm trading commodities, especially spices and polyester yarn. Manali Nagapattnam. Well, if you are dreaming of becoming a crorepati then investment in one share was enough if invested in Reliance Industries Ltd IPO back in Khatri, N. Archived from the original on 24 February Retrieved 8 July