Reliance Capital is the non-banking financial arm of the Reliance Group and is one of the largest asset management companies in India. It has a strong presence and is well established in the Indian financial industry.
With a wide range of products and services, it can be an attractive buy for investors.
Reliance Capital has a diversified business portfolio and its revenue streams come from multiple sources. The company has a strong balance sheet and reported strong growth in revenue and profits in the last few years.
Reliance Capital also has a wide range of products and services which includes mutual funds, portfolio management services, mutual funds asset management services, among others. The company also has an efficient retail network with over 7,400 branches across India.
In addition, the company has been investing heavily in its technology and R&D initiatives in order to cater to its customers’ needs. This has resulted in the introduction of innovative products such as mutual fund offerings and upgraded technology infrastructure.
The company also has strong relationships with banks and other financial institutions, which provides them access to funds and helps them in successful product launches.
Overall, Reliance Capital can be a good buy for investors due to its varied product offering, strong financial performance, and diversified business portfolio. It also has an extensive network of outlets and a focus on innovation, making it an attractive option for investors.
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Can I buy Reliance Capital share now?
Yes, you can buy Reliance Capital shares now. If you would like to invest directly in Reliance Capital, you can open an online trading account with a broker or digital investment platform and purchase shares through that.
Alternatively, you can invest in a mutual fund or exchange-traded fund (ETF) that owns a variety of Reliance Capital shares. This allows you to benefit from the company’s performance without having to buy shares directly.
Regardless of the route you take, it is recommended that you research the stock and its fundamentals before investing. Also, create a diversified and risk-adjusted portfolio to ensure you are protected from the volatility of the market.
What happened to Reliance Capital Ventures shares?
Reliance Capital Ventures shares experienced a significant decline in their value over the past several months. This decline was attributed to the global economic recession, which had a detrimental effect on the Indian stock market.
Reliance Capital Ventures, being a prominent player in the Indian stock market, was particularly hurt by the recession. The Gujarat-based company reported a dip in profits for both the fourth quarter of 2019 and full year 2020, resulting in a sharp decline in its stock price.
Reliance Capital Ventures also suffered from liquidity challenges, which forced the company to seek help from lenders, including parent company Reliance Industries. The liquidity challenges subsequently led to a downgrade of its debt instruments by rating agencies, which further weighed on the company’s stock price.
In addition, Reliance Capital Ventures also had to shut down several of its operations, resulting in further losses.
In order to cope with the market decline and boost its overall financial health, Reliance Capital Ventures recently announced a restructuring plan, which includes divesting non-core assets and deploying proceeds to reduce debt and sustain operations.
The company also secured bank guarantees of up to Rs 8,000 crore and received additional funding of Rs 4,400 crore from Reliance Industries.
The combination of these measures has helped steady Reliance Capital Ventures’ share price in recent months, although the company still faces a long road ahead in order to achieve financial stability.
Who is owner of Reliance Capital?
Reliance Capital Ltd. is a member of the Reliance Group, founded by Shri Dhirubhai Ambani. It is one of India’s leading and most diversified financial services companies, and is part of the Reliance Anil Dhirubhai Ambani Group.
Since its inception in 1986, Reliance Capital has grown into a prominent financial services company with presence across asset management, life and general insurance, commercial and home finance, stock broking, wealth management services, distribution of financial products, asset reconstruction and proprietary investments.
The promoter and majority shareholder of Reliance Capital is Reliance Anil Dhirubhai Ambani Ventures Pvt. Ltd. (RADVPL), which is an investment holding company of the Reliance Anil Dhirubhai Ambani Group.
RADVPL is owned by Anil Ambani, the Chairman of the Reliance Group.
Does reliance have debt?
Yes, Reliance (RLIN. NS) currently has debt. According to its latest financial statement, released in May 2020, Reliance Industries had total debt of Rs 3. 06 lakh crore, or approximately $41 billion.
This includes long-term borrowings of Rs 1. 18 lakh crore, short-term borrowings of Rs 1. 09 lakh crore, and non-convertible debentures of Rs 0. 80 lakh crore. This forms almost 30% of its total assets, which stood at Rs 10.
33 lakh crore, or over $137 billion, as of March 31, 2020. The company had generated revenues of Rs 6. 08 lakh crore, or over $81 billion, for the FY2020 and net profit of Rs 1. 15 lakh crore, or approximately $15 billion.
As a result, its Debt/Equity ratio was at 0. 5:1, indicating that the company has more debt than equity. The company is making efforts to reduce its debt burden through various measures, such as monetizing non-core assets and raising funds through rights issue and qualified institutional placement, though the impact of the pandemic may slow down the process.
How did RIL become debt free?
Reliance Industries Limited (RIL), led by the dynamic and visionary leader Mr. Mukesh Ambani, has become the first Indian company to be debt-free. The spectacular financial transformation of RIL can be attributed to the visionary business strategies implemented by its Chairman Mr.
Mukesh Ambani. Over the years, RIL has established itself as one of the most profitable and successful companies in the country and the world.
RIL first unveiled its plan in October 2019 to become a “zero net debt” company within 18 months. The company had a total debt of Rs. 1. 61 lac crores at that time. By selling its stake in Jio Platforms and a couple of other assets, and raising around Rs.
1. 78 lac crores during the 18-month period, RIL was able to reduce its debt to zero.
The biggest contributor to RIL’s debt-free status was the sale of its stake in Jio Platforms. It sold 33% of its stake in the digital-services business to tech investors like Facebook, KKR, Silver Lake, and TPG for proceeds totalling Rs.
1. 04 lac crores. Notably, the company has been able to monetize about 97% of the value of its telecom business through the sale of its stake in Jio Platforms.
Apart from that, RIL also entered into monetization agreements with BP plc, which acquired a 49% stake in 23 oil and gas exploration blocks of RIL. This deal was worth an estimated Rs. 40,000 crores.
Moreover, the company sold its stake in 20 retail outlets to Future Group for Rs. 2,877 crore. Further, its fully owned subsidiary —Reliance Industrial Investments and Holdings — sold a 20% stake in its Digital Fibre Infrastructure business to Microsoft for an estimated Rs.
19,000 crore.
These deals were done amid the financial hardship caused by the pandemic and had made RIL debt-free by April 2021. The company has also paid a dividend of Rs. 13,000 crore to its shareholders, while setting aside Rs.
93,000 crore of its cash and liquid investments as a special dividend. With this, RIL has not only achieved its goal of becoming a zero net debt company but has also provided returns to its shareholders.
Who is Reliance owned by?
Reliance Industries is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra. It was founded by Dhirubhai Ambani in 1966 and is owned by his two sons Mukesh Ambani and Anil Ambani.
It is ranked the fourth most valuable company in India by market value and is a major player in the Indian economy. Its core businesses are petrochemicals, energy, retail, telecommunications, and textiles.
Reliance has seen tremendous growth and expansion over the years, becoming a leading business conglomerate in India and one of the most valuable companies in the world. Its subsidiaries include Reliance Retail, Reliance Jio, Reliance Communications, and others.
Reliance has become a leader in the global energy market and is one of the largest energy conglomerates in the world by market capitalization.
Is Reliance bigger than Amazon?
No, Reliance is not bigger than Amazon. Amazon is one of the largest companies in the world with a market capitalization of over $1. 6 trillion, making it one of the most valuable companies on the planet.
In comparison, Reliance Industries Limited (RIL), the parent company of Reliance, has a market value of approximately $177 Billion, making it the seventh most valuable Indian company, but still significantly smaller than Amazon.
RIL is one of the largest companies in India and its operations include energy, retail, petrochemicals, telecommunications, media, technology, and more. Their portfolio also includes businesses like Jio Platforms, Network 18, and Reliance Retail.
In 2020, the company reported an impressive financial performance level and posted record earnings.
However, Amazon dwarfs Reliance in most areas, particularly market capitalization. The company has become the second trillion-dollar company in the world and is constantly expanding its presence in both the online and physical retail worlds.
Additionally, their cloud services, Amazon Web Services (AWS), is one of the most successful divisions. In short, Reliance is a major player in India, but Amazon is orders of magnitude larger in terms of size and financial resources.
Who is richer apple or Reliance?
It depends on a number of factors. It is impossible to definitively state which company is richer, as both public companies are highly complex entities with a number of different elements influencing their financial well-being.
In terms of market capitalization, Apple is currently the richest company in the world with about $2. 1 trillion, while Reliance is considerably behind at about $181 billion. However, when looking at net profit, Reliance has earned $10.
17 billion compared to Apple’s $55. 25 billion over the same 12-month period, thus making Reliance more profitable than Apple overall. Furthermore, Reliance’s net profit has grown significantly in the past few years to become one of the world’s most profitable companies compared to Apple who has seen some stagnation.
Ultimately, it is impossible to definitively determine which company is richer, as a number of factors, including both short-term profitability and long-term market capitalization, must be taken into account.
Who is Reliance largest shareholder?
Reliance Industries Limited (RIL) is India’s largest private sector company with annual revenues of over US$ 88 billion and a total asset base of over US$ 138 billion. Mukesh Ambani is the largest shareholder of the company and holds over 44% of the company’s shares.
As of December 2020, Reliance Industries had over 4. 99 lakh shareholders, majority of which held less than 1% of the total paid up capital of the company. The promoter group including Mukesh Ambani, the Chairman and Managing Director, held a 58.
82% stake in the company. Majority of the promoter group’s shareholding is held by Mr. Ambani.
Is Anil Ambani still a billionaire?
It depends on the definition of billionaire. Anil Ambani was once one of the richest men in India, and at his peak in 2008 he was worth an estimated $42 billion. However, most of his wealth was tied up in shares of his Reliance companies, and these have dropped significantly over the past decade.
In January 2020, Ambani’s net worth dropped as low as $0. 7 billion, according to Forbes. At present, his net worth stands at $2. 3 billion and his debt has increased significantly to $7 billion. So while he still has considerable wealth, and is the tenth richest person in India according to Forbes, it is unclear if he meets the criteria of a billionaire anymore.
Which share price is to buy today?
It is impossible to give a definitive answer as to which share price would be a good buy today, as this largely depends on individual circumstances and goals. Investing in the stock market involves significant risk and can result in a loss of capital, so it is important to consider one’s individual risk tolerance, ability to withstand potential losses, and any other related factors before deciding which share price to buy today.
It is also important to do research into the individual company or sector before investing to ensure that the investment is in line with one’s personal investment goals. Additionally, it is recommended to keep up to date with the most recent news related to the stocks one is interested in investing in as well as to diversify one’s portfolio to reduce risk.
Ultimately, before deciding to purchase any share price today, it is important to ensure that the stock is an appropriate and suitable choice for one’s personal circumstances.
Will Reliance shares rise?
It is impossible to definitively predict whether Reliance shares will rise or not. However, investors can attempt to make an educated guess by looking at the company’s past performance and trends, as well as market conditions and broader economic trends.
For example, Reliance is currently focussing on improving its market position in telecommunications, retail, and entertainment. These are all highly competitive and rapidly changing industries, so their expansion could cause Reliance shares to rise in the future.
Additionally, if more favourable economic conditions occur in India, such as increasing consumer spending, this could help the performance of Reliance’s businesses, which could in turn lead to greater demand for Reliance shares.
Ultimately, whether Reliance shares rise should depend on how well its businesses perform, as well as wider economic trends in India.
Is Reliance share going to split?
At this time, there is no definitive answer as to whether Reliance share is going to split. As of April 2021, Reliance Industries Ltd. has not made any official announcements regarding a potential stock split.
Reliance Industries Ltd. has not split its shares since its initial public offering in 1977. Split decisions are often decided by a company’s board of directors or board of trustees, which reviews a company’s performance and decides whether or not a split is necessary.
Rumors that Reliance shares may be splitting have been circulating since 2016, but there have been no official announcements. It is uncertain if or when such a decision may be made. Ultimately, potential investors should do their own research and evaluate the potential risks and rewards before investing in any security.
When did Reliance stock split?
Reliance Industries Limited (RIL) conducted a stock split in November 2019. The company’s board of directors decided to divide every one equity share of face value of Rs 10 into five equity shares of face value of Rs 2 each.
This was the first time the company split its equity shares. The stock split was effective from December 20, 2019, and was approved by the market regulator Securities and Exchange Board of India (SEBI).
The purpose of the stock split was to improve liquidity and enhance marketability of the share. The price of the share fell to reflect the change in the face value of the share, making it more affordable and attractive to small investors.
The stock split also resulted in reduced trading cost for the split shares since each lot decreased from 1,000 shares to 200 shares. Furthermore, the stock split improved the turnover of the shares and made them more tradable.
