Reliance announced that its first new energy giga-factory is expected to start producing solar PV modules by the end of the year. Chairman Mukesh Ambani mentioned that the new energy business, with its diverse range of renewable solutions,

Reliance Industries share price will be in focus today after the oil-to-telecom conglomerate reported its financial results for the second quarter of FY25.

The dip, driven by weaker-than-expected performance in its oil-to-chemicals (O2C) segment, has left investors and analysts contemplating their next move.

Reliance Industries delivered second successive quarter of muted earnings amid weakness in downstream margins and slower retail growth.

As traders await bonus share record date announcement; technical chart shows that Reliance stock has strong support at Rs 2,640 its 20-MMA - a key moving average the stock has held since June 2023.

MOFSL said RJio will be the biggest driver of Ebitda growth over FY24-27, driven by more frequent tariff hikes, market share gains in wireless, and the ramp-up of Homes and Enterprise business.

Investors will be paying close attention to the heavyweight stock on Tuesday, October 14, as the quarterly results are expected to impact the stock's movement.