The next 15 days are going to be very important for the stock market, because Reliance Industries will decide the course of the stock market in the coming days. The investors of the company will also have a great chance to get rich. read this news
Reliance Industries, the country's most valuable company, will decide the course of the stock market in the coming 15 days. Because of this, the company is going to release its fourth quarter results on 21 April. During this, the company can also give some indication regarding the IPO of Jio Financial Services.
In the information given to BSE, Reliance Industries said that the meeting of the Board of Directors of the company is to be held on 21 April 2023. On this day, the company's board can consider approving the standalone and consolidated audited financial results for the last quarter of the financial year 2022-23. Not only this, the company can also announce its annual results.
Reliance investors will be rich
The result of Reliance Industries is expected to be good this time. Due to this, an increase in the share price of the company can be seen, which can give good income to the share investors of the company. Apart from this, dividend can also be declared by the company and in this way also the investors of the company can become rich. The company can also give some indications related to the IPO of Jio Financial Services.
Reliance's stock closed up
The stock of Reliance Industries closed marginally higher on Thursday. On that day, Reliance's stock closed at Rs 2,355.60 with a gain of 0.4 per cent. Due to Ambedkar Jayanti, the work in the market remained closed on Friday.
Profit fell in the third quarter
However, in the third quarter (October-December), the company's profit fell by 15 percent on an annual basis. Then the consolidated net profit of the company was Rs 15,792 crore. While the company's revenue increased by 15.3 percent to Rs 2.20 lakh crore.
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