Introduction: Reliance Industries Share Company Signs Rs 5900 Crore Agreement with BCCI
The head of the refinery sector of the stock market Reliance Industries share. The company has signed an agreement of Rs 5900 crore with the Indian Cricket Board, so initially we will get detailed information about the functioning of the company, its current position in the stock market, information about returns and the agreement made with BCCI through this article.
Reliance Industries Ltd.
Reliance Industries Company was started by Dhirubhai Ambani in 1958 when it started as a textile company, but if we talk about the current product of the company, then the company Oil and Gas Chemical, Petrochemical, Oil Refining, Retail, Telecommunication, has kept its steps in areas like media.
Reliance Industries Share Company Information
Reliance Industries share company has been successful in expanding its products in all the countries of the world including India, under which the company’s manufacturing plant has also been expanded a lot, then the company has Jamnagar, Hazira, Hoshiarpur, The company has built its manufacturing plants up to Kurkumbh, Dahej, Dhenkanal, Naroda, Nagpur, Patalganga, Silvassa, and Vadodara.
Reliance Industries Share Current Status
The market cap of the company is Rs 16,32,425.29 crore, then Reliance Industries share company has provided a dividend yield of 0.37% to its investors, then the company currently has a debt of Rs 2,15,823 crore, the promoter holding of the company is 50.39%. And the company has free cash availability of Rs 56,811 crore, so the company’s sales growth is 25.10% and profit growth is 13.39%.
Last 5 Years Return Information
If we take information about the last 5 years returns of Reliance Industries share company, the company has given 14% returns in the last 5 years, 4% returns in the last 3 years, 4% returns in the last 1 year, 0.2% returns in the last 6 months, which is not so good.
5900 Crore Agreement with BCCI
According to the information received by the company, the Reliance Industries share company, the Indian Cricket Board called BCCI, which is the world’s largest and richest board, has entered into an agreement of 5,900 crores under Cricket Media Rights and it started from 1 September 2023. Is.
The current price of the company is trading at Rs 2,412 and its 52-week high level is Rs 2,856 and 52-week low level is Rs 2,180. The company is making big plans for the future, hence the company is also busy in raising more funds because the company Jio has made big announcements which include agreement with BigRock under Jio Financial Services Share and construction of a new Giga Factory in Jamnagar.
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