Reliance Industries Ltd Share Price – NSE  / BSE

Refineries, Mid Cap

The agreement, valued at over $3 billion, is among the largest binding long-term green ammonia off-take agreements globally.

The company said the SPA represents a significant milestone in India?s clean-energy landscape, positioning the country as an exporter of green fuels produced through an end-to-end domestic value chain, including the manufacturing of critical clean-energy equipment, in line with India?s National Green Hydrogen Mission (NGHM).

RIL is developing a fully integrated new energy platform spanning renewable energy, energy storage, green hydrogen, and downstream green fuels and chemicals, supported by in-house manufacturing of key clean-energy technologies. A central pillar of this ecosystem is the indigenisation of technologies such as solar modules, battery energy storage systems (BESS), and electrolyser systems, aligning with the Government of India?s vision for self-reliance and domestic manufacturing leadership.

By integrating these capabilities within a single ecosystem, RIL aims to deliver green energy solutions that are competitive, scalable, and reliable for global markets while strengthening India?s industrial base. The agreement with Samsung C&T is the first in a series of long-term offtake partnerships supporting the scale-up of RIL?s New Energy platform.

Anant Ambani, executive director, Reliance Industries, said, ?We are proud to partner with Samsung C&T to supply green ammonia that is cost-competitive and reliable. This partnership marks an important step in India?s clean-energy journey. RIL?s New Energy initiative aims not only to advance the energy transition but also to build a strong industrial platform for India by integrating India?s renewable resources with the country?s manufacturing leadership, world-class talent and innovation to produce valueadded green fuels and chemicals at scale. At the heart of this vision is our commitment to indigenising the critical technologies of the energy transition ? solar, battery energy storage systems, and electrolysers ? under a strong Make-in-India framework.

Partnerships such as this will help scale our green hydrogen ecosystem and gigafactories, while contributing to India?s ambition of becoming a global hub for green hydrogen and its derivatives.?

Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services.

On a consolidated basis, the conglomerate reported a 1.6% rise in net profit to Rs 22,290 crore on a 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 over Q3 FY25.

The counter rose 0.29% to Rs 1,399.05 on the BSE.

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Sammaan Capital and Steel Authority of India shares are banned from F&O trading on 17 March 2026.

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Reliance Industries (RIL) announced that it has entered into a binding long-term Supply and Purchase Agreement (SPA) with Samsung C&T Corporation, South Korea, for the supply of green ammonia over a 15-year period commencing in the second half of FY2029.

L&T Technology Services announced the launch of an Nvidia-powered AI Lung Digital Twin platform for advanced respiratory diagnostics.

Sun Pharmaceutical Industries announced that the US FDA has accepted the supplemental Biologics License Application (sBLA) for ILUMYA to treat active psoriatic arthritis.

Gujarat Mineral Development Corporation (GMDC) announced that it has entered into a strategic collaboration pact with NMDC to explore opportunities in the rare earth elements sector.

Rail Vikas Nigam announced that it has received a Letter of Award (LoA) worth Rs 95 crore from NMDC.

Power Mech Projects announced that it has secured an order worth Rs 710 crore from Adani Infrastructure Management.

RailTel Corporation of India announced that it has bagged a work order worth Rs 42.63 crore from National Informatics Centre Services Incorporated.

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Reliance Retail has completed the acquisition of brand 'Pahadi Local' along with business from Pahadi Goodness. 'Pahadi Local' is a fast-growing Indian beauty and wellness brand known for its nature-led, Himalayan-inspired formulations.

Founded with a mission to bring the purity and efficacy of Himalayan ingredients into everyday personal care, Pahadi Local has emerged as a distinctive player in India's rapidly evolving beauty and wellness landscape. The brand is recognised for its clean formulations, conscious sourcing practices, and strong appeal among consumers seeking authentic, sustainable alternatives in skincare and wellness.

Pahadi Local's portfolio is rooted in traditional Himalayan wellness knowledge, elevated through modern formulation science to deliver high-efficacy, purpose-led skincare. The brand works closely with women-led self-help groups across Ladakh and Himachal Pradesh, supporting local livelihoods alongside initiatives in healthcare, education, and environmental preservation. Its hero ingredient, Gutti Ka Tel (Apricot Kernel Oil), has earned industry recognition and strong consumer loyalty, alongside appreciation from leading voices and celebrities, and acknowledgment from Prime Minister Narendra Modi for its contribution to indigenous sourcing and enterprise. The brand's focus on transparency, minimal processing, and environmentally responsible practices aligns with Reliance Retail Limited's long-term vision for its beauty and personal care portfolio.

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Reliance Consumer Products (RCPL) is the FMCG arm of Reliance Industries (RIL).

Finland-based Fazer is a leading FMCG company in Northern Europe, renowned for its high-quality confectionery, bakery and plant-based products.

Under the strategic arrangement, the companies will introduce Fazer?s branded chocolate portfolio in the Indian market, combining Fazer?s product formulations and quality standards with RCPL?s local manufacturing capabilities and nationwide distribution network that reaches nearly three million retail outlets.

The partnership aims to leverage RCPL?s scale and consumer reach alongside Fazer?s global chocolate brands to build a presence in India?s rapidly expanding chocolate and confectionery market.

The collaboration also supports RCPL?s broader strategy of expanding its presence in chocolates and confectionery following earlier brand revivals such as Ravalgaon, Toffeeman, Pan Pasand and Lotus Chocolates, while providing Fazer an entry platform into the Indian market through an established domestic distribution and commercialisation partner.

T. Krishnakumar, director, Reliance Consumer Products (RCPL), said: Partnering with Fazer is a strategic step towards introducing one of the world?s finest chocolates to Indian consumers. This will also accelerate RCPL?s growth in chocolates & confectionary market.

Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services.

On a consolidated basis, the conglomerate reported 1.6% rise in net profit to Rs 22,290 crore on 10% increase in gross revenue to Rs 293,829 crore in Q3 FY26 over Q3 FY25.

The scrip had gained 1.11% to end at Rs 1405.20 on the BSE on Friday.

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