Reliance Industries recently acquired all of Lithium Werks’ assets for $60 million. Lithium Werks is a cobalt-free lithium battery technology and manufacturing company with operations in Europe, the US and China. Its batteries are used in industrial, medical, marine, energy storage, commercial transportation and many other popular applications. Lithium Iron Read more…
🏭Humble Roots In NarodaIn 1973, a newly-incorporated Reliance Industries Limited established a state-of-the-art polyester plant in Naroda, Gujarat, under the leadership of Dhirubai Ambani. The profit for that year stood out at ₹1.55 crore. Cut to 2023, Reliance Industries makes ₹1.67 crore in revenue an hour. Since Mukesh Ambani, son Read more…
If you had invested ₹1 lakh in Reliance in November 1995, you could have had ₹9.24 crores in profits today! This multibagger gave its investors returns of ₹8,94,43,872 and dividends of ₹30,23,338. Here’s a quick look at the company. 🛢️ Stock Name: Reliance Ltd.🛢️ NSE: $RELIANCE ⭐ About The CompanyReliance Read more…