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RIL AGM: Expectations, Strategy, Stock Price Trend

Business Standard

|

August 27, 2025

Reliance Industries (RIL) is scheduled to hold its annual general meeting (AGM) on Friday, August 29, amid expectations that the company would spell out details of its plans to double the overall business by 2030.

- Puneet Wadhwa & Rex Cano

RIL AGM: Expectations, Strategy, Stock Price Trend

That apart, a road map for doubling of Jio and retail business verticals in three-four years, and a game plan for the new energy (NE) business vertical replicating earnings from the oil-to-chemicals (O2C) segment, is anticipated, analysts said.

At the AGM held in 2024, the Mukesh Ambani-led conglomerate had guided for two times growth in its business by 2030, with Jio and Retail envisaged to double over the next three-four years.

The RIL AGM on August 29, according to G Chokkalingam, founder and head of research at Equinomics Research, will be forward-looking, spelling out details on its consumer/FMCG businesses.

"The markets also await clarity on how the company plans to unlock value for shareholders from the new energy and telecom (Jio) businesses," he said.

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