Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
In the cash market, the Nifty 50 index tumbled 422.40 points or 1.73% to 24,028.05.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was up 17.51% to 23.36.
HDFC Bank, Reliance Industries and State Bank of India were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The March 2026 F&O contracts will expire on 30 March 2026.
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.
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.
Oil India Ltd rose 2.04% today to trade at Rs 488.3. The BSE Oil & Gas index is up 0.49% to quote at 28442.24. The index is down 2 % over last one month. Among the other constituents of the index, Reliance Industries Ltd increased 0.73% and Oil & Natural Gas Corpn Ltd added 0.47% on the day. The BSE Oil & Gas index went up 19.43 % over last one year compared to the 7.15% surge in benchmark SENSEX.
Oil India Ltd has lost 3.73% over last one month compared to 2% fall in BSE Oil & Gas index and 4.96% drop in the SENSEX. On the BSE, 32808 shares were traded in the counter so far compared with average daily volumes of 6.2 lakh shares in the past one month. The stock hit a record high of Rs 524.15 on 04 Feb 2026. The stock hit a 52-week low of Rs 322.15 on 07 Apr 2025.
Reliance Consumer Products (RCPL), the FMCG arm of Reliance Industries, has signed a Memorandum of Understanding (MoU) with Finland's leading foods company Fazer. As part of this evolution, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer's recipes and high-quality standards nationwide.
The partnership would combine Fazer's iconic heritage brands, innovative product portfolio, and world's finest chocolates, with RCPL's substantial scale and access to nearly 3 million retail outlets across India, as well as deep expertise in the Indian market. Together, the companies could have the potential to build a unique position in India's chocolate and confectionery market, which is expected to grow rapidly due to rising consumer incomes and organised retail penetration.
T. Krishnakumar, Director, Reliance Consumer Products, 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. By combining Fazer's globally trusted brands and manufacturing excellence with RCPL's local production capabilities, robust distribution network, and deep consumer insights, we are well positioned to bring world-class products to Indian consumers and elevate the overall category experience.”
Additionally, according to media reports, China has suspended fuel exports due to the West Asia conflict, which could potentially enhance refining margins for the company.
Separately, the company's FMCG arm, Reliance Consumer Products (RCPL) has signed a memorandum of understanding (MoU) with Finland’s leading foods company Fazer, to distribute premium chocolates in India.
Fazer is a leading FMCG company in Northern Europe, renowned for its high-quality confectionery, bakery and plant-based products. In 2025, Fazer Group had net sales of EUR 1,200 million
As part of MoU, the two companies will establish a long-term strategic partnership in India to produce, market, and distribute branded premium chocolates using Fazer’s recipes and high-quality standards nationwide.
The partnership would combine Fazer’s iconic heritage brands, innovative product portfolio, and world’s finest chocolates, with RCPL’s substantial scale and access to nearly 3 million retail outlets across India, as well as deep expertise in the Indian market.
A domestic brokerage said the company could see near-term benefits from the recent surge in energy prices, driven by a sharp rise in diesel refining margins and a potential improvement in petrochemical spreads. Diesel cracks have reportedly climbed to around $35-$42 per barrel from about $20 earlier. Given that diesel accounts for a significant portion of output at Reliance's refinery, sustained cracks could boost the company’s gross refining margins and support EBITDA growth.
However, the brokerage cautioned that the spike in diesel cracks may not be sustainable and could prompt government intervention through windfall taxes if margins remain elevated.
Reliance may also benefit from stronger petrochemical margins, supported by a diversified feedstock mix that reduces dependence on crude-linked inputs.
Potential triggers for the stock include the possible initial public offering of Jio and a potential telecom tariff hike following the listing.
In the cash market, the Nifty 50 index dropped 312.95 points or 1.24% to 24,865.70.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was up 25.01% to 17.13.
HDFC Bank, Larsen & Toubro (L&T) and Reliance Industries were the top-traded individual stock futures contracts in the F&O segment of the NSE.
In the cash market, the Nifty 50 index gained 141.75 points or 0.55% to 25,713.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was down 1.35% to 14.17.
HDFC Bank, Reliance Industries and ICICI Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The February 2026 F&O contracts will expire on 24 February 2026.