How Has The RIL Stock Reacted To The AGM In The Past?

Summary

The script from 'India Market Open' anticipates a steady market with a focus on banks and the Reliance AGM on August 29th. Expectations are low for significant shareholder value announcements, but updates on potential listings of Geo platforms, retail ventures, and new energy are expected. The digital business may reveal details on the Disney+Hotstar venture, and the new energy segment could provide a timeline for solar module investments. The chemical and oil-to-gas segments are unlikely to see major news, but the stock's performance post-AGM meetings has historically been mixed, with declines in most cases.

Takeaways

• 📅 The 47th Annual General Meeting (AGM) of Reliance Industries is scheduled for August 29th at 2 p.m.
• 🔍 The market is not expecting significant announcements regarding unlocking shareholder value at the AGM.
• 🌐 The company may provide updates on potential listings of Jio Platforms, Reliance Retail Ventures, and Reliance New Energy.
• 🛒 The retail segment could see future launch formats and possible investment into the Quick Commerce segment.
• 💄 Reliance is exploring the beauty and apparel segment and may announce partnerships with global players like Shein.
• 🎥 More details on the Disney+ Hotstar combined entertainment firm are expected, which has been in the news recently.
• 🌞 The company's new energy business has seen slow progress on its 10 billion investment, with only 2 billion utilized so far.
• ⏳ A clear timeline for the fully integrated solar module ecosystem is anticipated but not yet confirmed.
• 🔋 The company is expected to confirm timelines for the battery gigafactory by 2026 and explore manufacturing in the wind energy segment.
• 🧪 The all-to-chemical segment, a cash earner for the company, is unlikely to see major announcements but may discuss supply chain routes and crude supply deals.
• 📉 Historical data shows that Reliance shares have declined on most AGM days, with the stock falling in seven out of the last 10 annual meetings.

Q & A

What is the expected market trend for the morning after the Reliance AGM announcement?

The market is expected to be flat to slightly higher, with banks and Reliance being in focus.

When is the 47th Annual General Meeting (AGM) of Reliance Industries scheduled to take place?

The 47th AGM of Reliance Industries is scheduled for August 29th at 2 p.m.

Why might the street not be expecting much from the Reliance AGM in terms of excitement?

The street might not be expecting much because some key listings that the company has planned over the years might get postponed.

What is the potential update on the listings of Geo platforms, Reliance Retail Ventures, and Reliance New Energy?

The company may provide information on potential listings of these platforms but is not expected to make any major announcements regarding unlocking of shareholder value.

What new retail segment initiatives might be announced during the AGM?

The street is likely to see future launch formats and possible investment into the Quick Commerce segment, along with potential forays into the beauty and apparel segments.

What is the expected update on the Disney+Hotstar combined entertainment firm?

More detailed information on the Disney+Hotstar combined entertainment firm, which has made headlines, is expected to be provided.

How has the investment roll-out of the 10 billion in the new energy business progressed?

The investment roll-out has been progressing slowly, with only 2 billion out of the 10 billion being used so far.

What is the impact of the decrease in solar module prices on the sector?

The decrease in solar module prices, which are more than 50% down at 2022 values, is a headwind for the sector.

What are the expected timelines for the battery gigafactory and the manufacturing of wind blades?

The company is expected to confirm the timelines for the battery gigafactory by 2026 and also expected to foray into the manufacturing of wind blades in the wind energy segment.

What is the current status of the all-to-chemical segment, which is the cash earner business for Reliance Industries?

The all-to-chemical segment is unlikely to see any major announcements, but there might be more talks about supply chain routes, crude supply deals, and more.

How has the stock performance of Reliance Industries been during the last 10 annual general meetings?

The data shows that Reliance shares have declined on most ASM days, falling in seven out of the last 10 annual general meetings, with the script declining as much as 6.2% in 2023.