Reliance Industries: ICICI Securities said due to a sharp uptick in capital employed, which keeps running well ahead of earnings growth, RoCE (return on capital employed) has remained at moderate levels over the last 4-5 years.
RIL AGM: JM Financial expects investors keenly follow updates on potential timeline for listing of retail and digital businesses and any potential strategic stake sale in O2C business.
Top News on August 21 include Jio Financial Services shares’ listing today and RIL, Stovec industries ex-dividend stocks. Share market, Sensex, Nifty outlook, Bank Nifty technical view, Asia Cup 2023 India Squad selection, Harbhajan Singh s 15-member Indian squad for Asia Cup 2023 includes Rohit Sharma (C), Shubman Gill, Virat Kohli, Tilak Varma, Suryakumar Yadav and more, heavy rains in Darjeeling, Kalimpong districts, as per IMD update for West Bengal also in focus.
Hot stocks today: Benchmark indices were trading higher in early deals today (August 21). Watch this Visual Story to check hot stocks on August 21, 2023.
Stocks in focus next week: Domestic equity market closed lower on Friday amid negative global cues. Reliance Industries, RailTel, Finolex Industries, Monte Carlo Fashions among stocks to watch next week.