Moneycontrol PRO

Reliance Industries: Corporate restructuring signals transformational shift towards clean energy

As part of its growth strategy, RIL now plans to transform its traditional energy business and aims to offer decarbonisation solutions

November 26, 2021 / 11:58 AM IST
Reliance Industries: Corporate restructuring signals transformational shift towards clean energy

Hydrogen (Representative image)

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

A slew of major corporate announcements has brought Reliance Industries (RIL) under the spotlight of late. Last week, RIL announced that the long-pending deal with Aramco has been called off as both the parties have mutually decided to re-evaluate the proposed investment in the O2C (oil-to-chemicals) business. On November 24, 2021, RIL made another big announcement, involving corporate restructuring. The company has decided to implement a Scheme of Arrangement to transfer the Gasification Undertaking into a Wholly Owned Subsidiary....

  • PRO Panorama

    Moneycontrol Pro Panorama | Auto sales are running out of fuel

    Dec 2, 2021 / 02:45 PM IST

    In today’s edition of Moneycontrol Pro Panorama: The metal play, Anand Rathi IPO gets off the block, decoding Digital Banks, Start-up Street, Rahul Dravid faces a tall order, Lex-speak and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | The Harder They Fall 

    Nov 27, 2021 / 10:05 AM IST

    It’s early days yet, but stock investors are selling first and asking questions later

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers