Reliance Industries share price trades lower after 44th AGM; brokerages raise target price. Reliance Industries (RIL) share price slipped a percent in the opening trade on June 25, a day after India’s biggest company by market capitalisation held its 44th annual general meeting (AGM). Company Chairman Mukesh Ambani unveiled a Rs 75,000-crore green energy plan as he also laid out for the shareholders the growth path for the conglomerate’s telecom, retail and O2C businesses. Addressing the AGM virtually, Ambani said the company's performance continued to be outstanding even during the challenging time of coronavirus pandemic. "I am happy to report that even in a challenging environment, your company's performance continued to be outstanding. Our consolidated revenue was nearly Rs 5.4 lakh crore, with a sharp increase from our consumer businesses. Our consolidated EBITDA was nearly Rs 98,000 crore, and almost 50 percent of the EBITDA was contributed by consumer businesses,...
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