Reliance Industries shares have gained momentum after announcing a 1:1 bonus share issue. Mukesh Ambani's optimistic AGM speech highlighted growth in digital services, AI, and energy sectors. With an expected 13% earnings CAGR from FY24 to FY27,

Reliance Industries Ltd will remain in focus on Thursday as its board meets to consider a 1:1 bonus issue to shareholders. Last week, the oil-to-chemicals conglomerate said the company's board would consider and recommend to shareholders, for their approval, the issue of bonus shares by capitalization of reserves.

The oil-to-telecom giant, led by Mukesh Ambani, is expected to propose a 1:1 bonus share issue, where investors will receive one bonus share for each share they own.

Reliance Industries shares are up 17 per cent in 2024 so far against a 14 per cent rise in the BSE Sensex during the same period. The RIL stock hit a 52-week high of Rs 3,217.90 on July 8.

India's Reliance Industries, the country's most valuable company, on Thursday approved a one-for-one issue of bonus shares and recommended an increase in authorised share capital. The board recommended an increase in authorized share capital to 500 billion rupees ($5.

Reliance Industries shares today fell below 100-DMA. The selling in the counter came a day after the company announced bonus distribution in the ratio of 1:1.

Billionaire Mukesh Ambani-led Reliance Industries board approved the bonus issue in the ratio 1:1 on Thursday, September 5, which was announced during the oil-to-telecom conglomerate's 47th annual general meeting (AGM) late in August.

Reliance Industries‘ board has approved the issue of bonus shares to its shareholders. What Happened: The board gave its nod to the bonus share issue during the meeting held on Thursday afternoon. The bonus shares will be issued to eligible equity shareholders as of the record date,

Seems like Reliance Industries is all about being the biggest! Not only is the Mukesh Ambani-led RIL India’s largest conglomerate, but it has also announced the country’s largest bonus issue on Thursday.