RIL AGM 2024: Key things to watch out for

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Reliance Industries' 47th AGM Set for August 29, 2024

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Anticipation Builds for Jio and Retail IPO Timelines

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Strategic Moves in Oil-to-Chemicals Segment

[{"selector":"#anim-ff11444f-3b13-4601-9eac-9e4263080075 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(2.3744317441756837%, 7.973154020558758%) scale(0.8403361344537815)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Potential strategic stake sales in RIL’s O2C business, with details on buyers and benefits, are expected.

Reliance Jio’s 5G Monetisation Strategy

[{"selector":"#anim-0f8d3fab-5166-4b8b-b53a-b5010c79083e","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-390f8e6d-badd-4acf-a5b8-d8f422100aa4","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Updates on 5G rollout, subscriber growth, and revenue strategies could boost RIL stock.

Focus on New Energy Projects and Timelines

[{"selector":"#anim-b6ac388a-7112-48eb-ad43-1deb4d1cf998 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-25.143365718827106%, 0, 0) translate(12.686567164179102%, 12.686566711346183%) scale(0.746268656716418)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Investors keen on progress in the green energy sector, with $1B capex for solar in FY24.

Jamnnagar's Giga Factory Progress Under Watch

[{"selector":"#anim-402f1602-b7ac-4f10-8711-013e1aa49ecf [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(21.874999829338595%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] RIL's green energy complex in Jamnagar faces scrutiny, with only $2B invested out of the planned $10B.

Succession Plans: What’s Next for Leadership?

[{"selector":"#anim-320b698e-1b27-49f3-8034-e4ea866249fd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(1.9968787065975668%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Updates expected on leadership transition, following the blueprint set by Mukesh Ambani in 2022.

Analysts Optimistic: RIL's Growth Prospects Shine

[{"selector":"#anim-3f421ba1-f80e-43b3-875c-be5869ea1e8c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-25.012341618951705%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Target prices raised by Bernstein and Morgan Stanley, reflecting confidence in telecom, retail, and O2C sectors.

[{"selector":"#anim-0e840d00-54a5-48a4-81a3-e93608e665fe [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(14.502507776715479%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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