Good time to buy? Reliance Industries share price today hit a new high of ₹2,525 apiece on the NSE. The oil-to-retail-to-telecom conglomerate’s scrip has given fresh breakout today above ₹2500 and it may go up to ₹3,000 per stock levels in medium-term time horizon, as per stock market experts.
According to stock market experts, RIL share price may continue to scale new peaks in upcoming trade sessions as they see further rise in the counter. They said that Reliance Industries share price may go up to ₹3000 levels in next 12 month.
ICICI Direct has hold call on Reliance Industries with a target price of Rs 2760. The current market price of Reliance Industries Ltd. is Rs 2658.
Reliance Power defaults on payment of principal and interest of Rs 300 cr; shares falls 2% The company defaulted on payment of Rs 300.22 crore, including interest amount of Rs 2.22 crore on July 31, 2020, it said in a BSE filing.
PGCIL seeks shareholder nod to capitalise Rs 1,743 cr reserves to issue bonus shares. The special resolution to capitalise reserves of Rs 1743,86,32,160 for issuing bonus shares in the ratio of 1:3 is listed on the agenda of the EGM scheduled on July 20, 2021, a filing said.
Stocks to Buy Today: Best Shares to Buy in India
|B P C L||422.70||420|
Is Reliance Power good to buy?
4. Is Reliance Power a good long term investment? Past 10 years financial track record analysis by Moneyworks4me indicates that Reliance Power Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
In the current time, the MRF is counted as the top leading company in India which has the highest stock price. With respect to the present market status, MRF share price is approximately 72,000 which is higher than any other company in India.
List of Best Blue Chip Stocks to Consider
|Company Name||Industry||Share Price as of 2nd October (NSE)|
|Reliance Industries||Diversified||Rs 2,525|
|Larsen & Toubro||Construction and Eng||Rs 1,695.50|
|Asian Paints||Paints||Rs 3,180.95|
|Maruti Suzuki||Automobile||Rs 7,152|