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HAL share price gains

Reliance names V Srikanth as new CFO, Alok Agarwal appointed as Senior Advisor-to Chairman

Venkatachari Srikanth, 56, was named the new Chief Financial Officer (CFO) of Reliance Industries on Friday, effective as of the first day of June 2023. Alok Agarwal, the current CFO, will begin serving as Senior Adviser to the Chairman and Managing Director of Reliance Industries on June 1, 2023, the firm announced. Alok Agarwal, the…

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Q2 Earnings

Reliance Industries shares trade near 52-week low. Jefferies has ‘Buy’ tag

A global brokerage firm, Jefferies, noted that this could result in accelerated market share shifts and, in theory, an effective duopoly, which could add 93 per share upside potential. However, there is growing concern that telecom tariff increases may not occur until after general elections in May 2024. Reliance Industries Ltd. (RIL) offers 36% upside…

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