Stocks to Monitor: Reliance Industries, HAL, Indian Oil, Suzlon Energy, among others
News Article: Reliance Industries Shines Amidst Market Fluctuations
As the Indian stock market closed for the day on August 20, 2025, the NSE Nifty 50 and BSE Sensex showed a modest increase, with the Nifty closing 104 points higher at 24,980 and the Sensex rising 370 points to 81,645. However, global markets indicated a negative start for the domestic markets the following day.
Amidst this market landscape, one stock that stands out is Reliance Industries (RIL). Major brokerages like Jefferies, JP Morgan, CLSA, and UBS have expressed strong bullish sentiment towards RIL, praising its robust earnings transformation over the past five years. This transformation has been driven by growth in its digital and retail businesses.
Key highlights include a 15% year-on-year increase in EBITDA for Reliance Jio Infocomm, a significant rise in free cash flow, and the tripling of external revenue for Jio Platforms to Rs 23.8 billion. The company has also shown strong momentum in its enterprise business and broadband connections via AirFiber technology.
UBS resumed coverage with a "Buy" rating and a price target of Rs 1,750, implying a 24% upside, while Jefferies and CLSA also maintain positive outlooks with price targets near Rs 1,650-1,670. Despite geopolitical headwinds, Reliance's share price rose nearly 14% in 2025, outperforming the broader market.
The dividend record date was set for August 14, 2025, with the AGM scheduled for August 29, 2025.
Meanwhile, other stocks like Suzlon Energy, Indian Oil, Ramco Cements, GIC Housing Finance, Globe Civil Projects, and Lloyds Metals & Energy Limited had no recent significant developments found in the search results up to late August 2025.
Interestingly, Reliance Industries is making headlines due to Reliance Jio's decision to phase out its entry-level 1GB daily allowance prepaid packs. This signals a focus on value and monetisation over subscriber addition, which could potentially lead to other telecom companies like Bharti and VIL phasing out their 1GB/day plans as well.
In other news, Hindustan Aeronautics Ltd. (HAL) has secured a significant contract, with the Cabinet Committee on Security (CCS) approving the purchase of 97 Light Combat Aircraft (LCA) Mark 1A fighter jets for Rs 62,000 crore.
GIC Housing Finance has received approval from its shareholders to issue redeemable non-convertible debentures (NCDs) of up to Rs 2,500 crore through private placement.
Lastly, Indian Oil Corporation has signed a Memorandum of Understanding (MoU) with Air India to supply Sustainable Aviation Fuel (SAF). Indian Oil is the first Indian petroleum company to receive necessary certifications for SAF production from the International Civil Aviation Organisation.
Ramco Cements has launched the 'Hard Worker' brand of construction chemical products, aiming for Rs 2,000 crore revenue in the segment over the next 4 to 5 years.
Globe Civil Projects has secured a contract worth Rs 222.20 crore from the Haryana Cricket Association for the construction of an International Cricket Stadium.
Lloyds Metals & Energy has emerged as the successful bidder for the Tandsi-III and Tandsi-III extension coking coal mine, securing the project with a premium of 10.5%.
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