Reliance, Inc. (RS)
After hours:
| Previous Close | 271.96 |
| Open | 271.62 |
| Bid | 256.50 x 1100 |
| Ask | 289.06 x 1100 |
| Day's Range | 270.60 - 274.71 |
| 52 Week Range | 237.14 - 342.20 |
| Volume | |
| Avg. Volume | 396,540 |
| Market Cap | 15.002B |
| Beta (5Y Monthly) | 0.85 |
| PE Ratio (TTM) | 13.91 |
| EPS (TTM) | 19.61 |
| Earnings Date | Oct 24, 2024 - Oct 28, 2024 |
| Forward Dividend & Yield | 4.40 (1.61%) |
| Ex-Dividend Date | Aug 16, 2024 |
| 1y Target Est | 322.40 |
Simply Wall St.Reliance's (NYSE:RS) Returns On Capital Are Heading Higher
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
ReutersIndian tribunal approves $8.5 billion Disney, Reliance media assets merger
An Indian company tribunal has approved the $8.5 billion merger of Reliance Industries and Disney's Indian media assets, Reliance said on Friday. Earlier this week, the companies had won approval from the Competition Commission of India (CCI) for the deal, after assuaging regulatory worries about their grip on broadcasting rights for cricket. The competition regulator had said the deal, which will create the country's biggest entertainment player, was being approved subject to modifications submitted voluntarily by the companies, without sharing further details.
ReutersDisney, Reliance overcome cricket concerns to win approval for $8.5 billion India merger
BENGALURU (Reuters) -Walt Disney Co and Reliance Industries won approval on Wednesday for an $8.5 billion merger of their Indian media assets after assuaging regulatory worries about their grip on broadcasting rights for cricket, India's favourite sport. The Competition Commission of India (CCI) said the deal had been approved subject to modifications submitted voluntarily by the companies, without sharing further details. To get the merger over the line, the two companies have offered concessions, including a commitment to not raise advertising rates unreasonably for streamed cricket matches, and to sell 7-8 non-sports TV channels, a source familiar with the matter said.
