Dalal Street is on edge as Mukesh Ambani, Asia’s richest man, prepares to address 44 lakh shareholders at Reliance Industries Limited’s (RIL) Annual General Meeting (AGM) this Friday, August 29. While investor expectations remain modest, Ambani could announce strategic moves that reshape RIL’s trajectory and potentially kickstart one of the world’s largest telecom IPOs.
RIL Stock Snapshot
- Price: ₹1,412.60 (BSE close)
- Market Cap: ₹19,11,597 Cr.
- PE Ratio: 23.45
- EPS: 60.23
- Dividend Yield: 0.39%
- 52-Week High/Low: 1,551 / 1,114
RIL remains a key blue-chip stock on the Nifty, closely watched by investors for strategic updates and growth plans.
Key Highlights Expected at AGM
1. Jio IPO & Telecom Updates
- Potential Jio IPO timelines for shareholders.
- Updates on telecom EBITDA, capital expenditure, and prepaid plan monetization.
- Insights into 5G stack development and JioAirFiber expansion.
2. Jio AI Platform – JioBrain
- Launch of a comprehensive AI service platform for consumers and enterprises.
- Integration with RIL’s digital services ecosystem.
3. New Energy Ambitions
- Solar and battery giga-factories nearing equipment delivery in 2025.
- Updates on polysilicon-to-module, electrolyser, and battery manufacturing facilities.
4. Retail & FMCG Expansion
- Growth in quick commerce and fast-fashion JV with Shein.
- Updates on Jio Hotstar monetization and FMCG initiatives.
Investor Outlook
- RIL shares are up ~15% in 2025 but fell 1% to ₹1,409.3 in the last session.
- Modest expectations leave room for positive surprises from AGM announcements.
- This AGM could influence IPO timelines, digital expansion, and energy projects, making it one of the most watched events in the Indian stock market.
Disclaimer: This article is for informational purposes only and not financial advice.
