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| Name | Reliance Retail’s valuation doubles in 3 years | RIL’s unlisted company among top 4 by value |
| Video Uploader | Video From Upstox |
| Upload Date | This Video Uploaded At 25-08-2023 05:46:13 |
| Video Discription | 🔥 Discover the intriguing tale behind the unlisted company that has secured a spot among India's top 4 by valuation! In this video, Upstox delves into the remarkable journey of Reliance Industries' retail arm - Reliance Retail Ventures Limited. In a huge development, the Qatar Investment Authority, through a wholly-owned subsidiary, prepares to infuse a staggering ₹8278 crore for a 0.99% stake in Reliance Retail. 🌟 Brace yourselves: Reliance Retail's valuation skyrockets to nearly $100 billion, equivalent to a whopping ₹8.2 lakh crore. 🚀 🛒 What distinguishes Reliance Retail? Surpassing market titans like ITC, Dmart and HUL in valuation, this video uncovers the pivotal drivers propelling Reliance Retail's unparalleled success. 🏬 Dive into the impressive portfolio of Reliance Retail, boasting 25 illustrious brands such as Hamley’s, Cover Story, 7-Eleven, and Jiomart. Beyond being a retail giant, Reliance Retail spans diverse domains, including Consumer Electronics, Fashion & Lifestyle and Pharma. 🌐 As of August 2023, Reliance Retail achieves an unprecedented feat, welcoming an astounding 26.7 crore footfalls across a vast network of 18,500 physical stores and cutting-edge digital platforms. Witness firsthand how Reliance Retail secures its title as India's largest and most expansive retail empire. 🚶♂️🛍️ 💰 Delve into the financial prowess of the company: The June quarter showcases Reliance Retail's revenue surging to ₹69,948 crore, a remarkable YoY growth of 19.5%. Simultaneously, the company's expansion continues with the inauguration of 555 new stores, further cementing its robust foundation. 🔮 Speculation gains momentum: Building on the precedent of Reliance's strategic demerger, the question arises – could a similar fate await Reliance Retail? All eyes are on the Annual General Meeting on August 28th. We're eager to hear your insights! Share your thoughts in the comments below. 🛎️ Don't miss out on the latest updates. Hit the subscribe button to stay tuned for more captivating insights and analyses! 📢 💜 watching our videos? We love making them for you! Leave a comment and tell us what you would like to see next👇 📹 Share & subscribe to our YouTube channel for daily updates 🔔 https://youtube.com/@UpstoxOfficial/Subscribe ------------------------------------------------------------------------------------------------------------------------------------ About Upstox: 💑 Trusted and loved by 1 crore+ Indians, Upstox brings everything you need for trading and investing on a single platform. Whether you’re looking to invest in Stocks, ETFs, Mutual Funds, SGBs, T-Bills, Bonds, IPOs or you’re looking to start trading in Equities, Options, Futures, Currencies and Commodities, Upstox has it all! 🙌 Backed by Mr. Ratan Tata and Tiger Global - Upstox aims to help every Indian confidently UP their wealth. From our mobile app (which btw is India’s highest rated trading app on Playstore) you can learn, discover, analyse, invest and trade. 🤝 Wish to join our family? Download our app now👇 iOS users: https://apps.apple.com/in/app/upstox-new-stocks-ipo-mf/id1584953620 Android users: https://play.google.com/store/apps/details?id=in.upstox.app&hl=en_IN&gl=US And click here to open an Upstox Demat & Trading account with just a PAN, Aadhaar, eKYC https://bkafq.app.link/ps2ay62Fpxb ------------------------------------------------------------------------------------------------------------------------------------ 📖 Want to UPskill? Register for our investing and trading workshops by industry experts for free: https://uptx.to/uplearn-yt-aug23 💬 Got questions on your mind? Connect with like-minded traders, ask questions and discuss any doubts - our subject matter experts will resolve them in no time. Join the Upstox Community for free: https://uptx.to/community-yt-aug23 💜 Show us some love on Social Media and get regular updates on the market: 1) Subscribe to our Telegram community here: https://uptx.to/Telegram-Oct-Community 2) Follow us on Instagram here: https://uptx.to/Instagram-Oct 3) Follow us on Twitter here: https://uptx.to/Twitter-Oct 4) Follow us on LinkedIn here: https://uptx.to/LinkedIn-Oct |
| Category | News & Politics |
| Tags | #Upstox | #India | #Investment | #Trading | #DematAccount | Relianceindustries | Relianceretail | Reliancetrends | Relianceinvestmentnews | Relianceqatarnews |
