Stock Market News

Reliance Industries 48th AGM: A Pivotal Event

Reliance Industries Ltd (RIL) will hold its 48th Annual General Meeting (AGM) on August 29 at 2 pm, a much-anticipated event for its nearly 44 lakh shareholders. The meeting is expected to feature announcements that could shape the next phase of RIL’s growth across its key verticals — digital, retail, and energy.

Strong Financial Performance Sets the Stage

The AGM comes after a solid earnings season for the company. RIL’s quarterly profit surged 77% to ₹30,783 crore, driven by the sale of its stake in Asian Paints and robust growth in consumer-facing businesses.

Even without the one-time gain of ₹8,924 crore, recurring profit grew 25% year-on-year. Consolidated revenue for the quarter rose 6% to ₹2.73 lakh crore, while EBITDA jumped 36% to ₹58,024 crore.

Also Read: Ola Electric Shares Rally on Policy Boost

Market Momentum and Investor Focus

Shares of RIL have gained nearly 13% this year, currently trading at ₹1,378.20, reflecting investor optimism ahead of the AGM.

Market watchers believe that strategic updates on digital ventures, retail expansion, and clean energy initiatives could provide further direction to the stock and the company’s long-term vision.

What Investors Should Watch

  • Digital business roadmap – updates on Jio and technology platforms.

  • Retail expansion – growth strategy across consumer businesses.

  • Energy transition – new initiatives in clean energy and green hydrogen.

  • Capital allocation – clarity on investments and future plans.

With RIL’s scale and diversified portfolio, the AGM is seen as a key event that could set the tone for its future growth trajectory.

✅ Key Highlights:

  • RIL’s 48th AGM to be held on August 29 at 2 pm.

  • Nearly 44 lakh shareholders to track announcements.

  • Q1 profit surged 77% to ₹30,783 crore.

  • Revenue at ₹2.73 lakh crore, EBITDA up 36%.

  • Stock up 13% in 2025, trading at ₹1,378.20.

    Click here to explore: Reliance Industries

Jitesh Kanwariya

I am Jitesh Kanwariya is a professional stock market analyst and F&O trader with expertise in derivatives and market research. A Python developer by profession, he leverages data-driven insights to analyse market trends and simplify trading for investors.

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Jitesh Kanwariya

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