Reliance has positioned itself as a leader in sustainability by being one of the first companies worldwide to implement an Oil-to-Chemicals (O2C) strategy. This forward-thinking approach focuses on producing key chemical building blocks that support a circular economy. By integrating these components with sustainable downstream derivatives and innovative materials, Reliance is not only contributing to environmental responsibility but also driving advancements in the chemical industry. This initiative highlights the company’s commitment to creating a more sustainable future.
In a little over forty years, Reliance has emerged as India’s largest private sector conglomerate, playing a crucial role in the nation’s economy. Its impressive turnover contributes to nearly 3 percent of India’s GDP, underscoring the company’s significant influence across various industries.
Reliance Industries has issued bonus shares in a 1:1 ratio, with the last record date being 28-10-2024. This means that if you buy shares of Reliance Industries before the date of 25-10-2024, you will receive bonus shares equivalent to the number of shares you purchased, according to the 1:1 ratio. Essentially, if you buy 100 shares of Reliance Industries, you will receive an additional 100 bonus shares. Therefore, your total shareholding will increase to 200 shares.
However, in a 1:1 ratio, while the quantity of shares doubles, the price per share will be halved. For example, if the current share price (as of today, 18/10/2024) is 2700 rupees, it will adjust to 1350 rupees after the bonus issue. The total value of your investment remains the same, as the price of your shares adjusts accordingly. The purpose of a bonus issue is often to reward shareholders and enhance stock liquidity.
Bonus History (Reliance Industries)
Announcement Date Bonus Ratio Record Date
05-09-2024 1:1 28-10-2024
21-07-2017 1:1 09-09-2017
07-10-2009 1:1 27-11-2009
13-09-1997 1:1 29-11-1997
28-10-1983 3:5 30-11-1983
Highlights from our Full Year FY2024 results
₹ 1,000,122 Crore ₹ 178,677 Crore
($119.9 billion) ($21.4 billion)
Gross Revenue EBITDA
₹ 79,020 Crore ₹ 131,769 Crore
($9.5 billion) ($15.8 billion)
Profit After Tax Capital Expenditure
Milestones of Reliance Industries:
Market Capitalization: The first Indian company to cross ₹20,00,000 Crore, becoming the world’s 48th most valuable company. Exports: Contributed ₹2,99,832 Crore, empowering India’s economy and championing the "Make in India" initiative.Consolidated Revenue: Crossed ₹10,00,000 Crore.New Hires: Over 1.7 lakh new hires.Forbes Global 2000: Ranked #49.CSR Contribution: ₹1,592 Crore.
Among the major contributors to capital asset formation in India's private sector are various industries and businesses that play a crucial role in driving economic growth. These entities invest significantly in infrastructure, technology, and human resources, helping to enhance productivity and foster innovation. Their efforts not only boost the economy but also create jobs and improve living standards across the country.
Conclusion :-
1) Should we take advantage of bonus shares?
Ans : - Yes, We should Try it.
2) Should we include Reliance Industries shares in our portfolio ?
Ans : Yes, We should consider including Reliance Industries shares in our portfolio.
For how much time should I hold the RIL share?
ReplyDeletehold it for at least 2030
Delete