RIL Dividend Details: What The AGM Notice Says On Rs 6/Share Payout

Reliance Industries Ltd.'s upcoming annual general meet is going to be key for shareholders expecting dividend payouts for FY26.

The company has informed that its Rs 6 per share dividend will be paid within seven days after the meeting is held. The meeting is scheduled to take place on June 19, 2026 (Friday) at 2:00 P.M. (IST) through Video Conferencing ("VC") /Other Audio Visual Means ("OAVM").

The Mukesh Ambani-led group did not announce an interim dividend in FY26, making the final dividend of Rs 6/share payout the only one in the fiscal 2026.  

The record date to determine eligible members for the dividend was June 5, 2026; while the June 12, 2026  was set as the "Cut-off Date" for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM. 

RIL Q4FY26 Highlights (QoQ)

Reliance Industries reported a 9% quarter-on-quarter fall in fourth-quarter profit, while operating margin posted its sharpest contraction in 14 quarters as lower profitability offset higher revenue growth.

ALSO READ: Reliance Industries Q4 Results: Profit Declines 9%, Margin Contracts The Most In 14 Quarters

Revenue rose 11% from the previous quarter, but lower operating performance weighed on earnings, the oil-to-telecom conglomerate said in an exchange filing. The operating income or the earnings before interest, tax, depreciation and amortisation fell 4% on a sequential basis and margin narrowed to 15% from 17.4%.

RIL share Price

RIL's stock ended 1.67% higher at Rs 1,328.80 apiece on the NSE on Tuesday. This compared to a 0.57% advance in the benchmark nifty index.  

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Five Stocks To Buy: Federal Bank, GAIL, Eicher Motors And More | June 16, 2026

Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on private banking, energy utilities, automotives, diversified conglomerates, and non-banking financial services.

Top picks include private lender Federal Bank, state-owned natural gas major GAIL (India), automotive heavyweight Eicher Motors, diversified conglomerate Grasim Industries, and gold loan financier Manappuram Finance.

Federal Bank

Ajit Mishra, SVP-Research at Religare Broking, noted technical strength in the private banking space. He recommended a buy on Federal Bank at the current market price of Rs 317.1 for a target of Rs 335, advising traders to maintain a stop loss at Rs 307. (Disclaimer: https://religareonline.com/disclaimer)

GAIL

Vinay Rajani, Senior Technical Research Analyst at HDFC Securities, highlighted a positive breakout setup in the utilities sector. He recommended a buy on GAIL (India) Ltd. at Rs 175 for a target of Rs 180, advising traders to maintain a stop loss at Rs 172.

Eicher Motors

Ruchit Jain, Vice President, Equity Technical Research, Wealth Management at Motilal Oswal Financial Services Ltd, tracked steady accumulation pattern in the automotive counter. He recommended a buy on Eicher Motors Ltd. for a target of Rs 7900, advising traders to maintain a stop loss at Rs 7470.

Grasim

Ruchit Jain, Vice President, Equity Technical Research, Wealth Management at Motilal Oswal Financial Services Ltd, identified strong structural support in the large-cap conglomerate space. He recommended a buy on Grasim Industries Ltd. for a target of Rs 3300, advising traders to maintain a stop loss at Rs 3100.

Manappuram

Nilesh Jain, Head AVP- Technical & Derivatives Research (Equity Research) at Centrum Broking Ltd, observed short-term momentum building up within non-banking financial services. He recommended a buy on Manappuram Finance Ltd. for a target of Rs 331, advising traders to maintain a stop loss at Rs 310.

Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.

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Restaurant Recovery: Macquarie Has Picked Winners, And Jubilant Isn't On The List

India's quick-service restaurant (QSR) industry is showing early signs of demand recovery, but Macquarie highlights rising costs and intensifying competition from food-delivery aggregators as reasons for its cautiousness. According to Macquarie, post-fourth-quarter trends indicate a gradual improvement in dine-in demand across restaurant chains. Within the sector, Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld.

However, the recovery remains uneven and is being overshadowed by inflationary pressures and the growing dominance of delivery platforms such as Zomato and Swiggy.

The brokerage said same-store sales growth across the listed QSR universe is tracking broadly in line with or slightly ahead of fourth-quarter levels. However, restaurant brands continue to trail delivery aggregators in growth, highlighting a structural shift in consumer behaviour.

To counter this trend, restaurant operators have increasingly turned to targeted discounting and value offerings aimed at attracting customers back into dine-in formats. While these initiatives could help improve footfalls, Macquarie believes they may also weigh on profitability if sustained for longer periods.

ALSO READ: 'Better Than What You Eat At Home': McDonald's India Defends Its Menu

Devyani, Sapphire and Westlife Preferred

Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld. The brokerage cited their exposure to the KFC and McDonald's formats, strong operating leverage and potential earnings upside from an eventual recovery in discretionary spending.

Devyani, in particular, could benefit from a turnaround in the Pizza Hut business following the merger of Yum franchise operations, Macquarie said.

By contrast, the brokerage remains cautious on Jubilant FoodWorks. It believes pressure on like-for-like sales growth could persist for several quarters due to a high base and the need for continued investments in dine-in recovery, risks that it believes are not fully reflected in current valuations.

ALSO READ: KFC Pulling Customers Away From Ordering Online? Here's What We Know

Inflation Remains a Key Concern

The brokerage highlighted that rising raw material costs and broader inflationary pressures continue to weigh on consumer sentiment and discretionary spending. As a result, Macquarie expects the recovery in same-store sales growth to be more gradual than previously anticipated.

This cautious view has prompted the brokerage to cut earnings estimates across its restaurant coverage universe. Forward EPS estimates for FY28 and FY29 have been reduced by 3-7%, while target prices have also been trimmed. The brokerage said earnings downgrades were amplified because lower profit bases lead to a greater flow-through impact on bottom-line estimates.

ALSO READ: Pricier Pizza, Slower Growth: Jubilant Foodworks' Q4 Leaves Brokerages Hungry For A Turnaround

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Livano Comenencia: Know All About Curacao's 1st FIFA World Cup Goal-Scorer

Curacao, playing their first FIFA World Cup match and up against giants Germany, conjured a courageous act that will be spoken about in the days to come. By the sixth minute, Curacao were down 0-1, with Felix Nmecha slotting one home in style. What followed was a period of complete domination by the four-time winner. Curacao defended with their lives as Germany raided the Curacao box in hordes.

The reply came in the 21st minute as a counter-attack caught Germany's defence napping, and one of the youngest players of the squad - Livano Comenencia, all of 22 - forever entered the sporting folklore of the Dutch Caribbean island. Comenencia is now the first goal-scorer in a FIFA World Cup for Curacao.

Comenencia was born in the Netherlands and was a youth international for the Netherlands. He even played for Netherlands U18s. In October 2024, he first played for Curacao's senior team. He currently plays for Swiss Super League club Zurich in Switzerland. Earlier, he has played for Juventus Next Gen, the reserve team of Juventus, and Jong PSV.

On Sunday, the island nation of 150,000 people became the smallest country ever to compete at the FIFA World Cup.

🚨🌎 LIVANO COMENENCIA HAS EQUALIZED F0R CURACAO! INCREDIBLE! 🤯

Germany 1-1 Curacao.pic.twitter.com/7iakhA3xY5

— football updates (@The90Minsfeed) June 14, 2026

Coach Dick Advocaat has done his best to keep his players focused and relaxed as they navigate this unprecedented experience.

"Just be yourself, and don't be nervous," defender Shurandy Sambo said Advocaat told them, just before the team left its Florida base camp for Houston. "Of course everybody is excited, but just be yourself, show yourself, because this is the biggest stage."

The Curacao players have worked hard to ensure they are prepared for their debut. Germany, making its 21st appearance in the World Cup, is a heavy favorite.

"We've watched a lot of clips of Germany, how they play, what they can do," Sambo said.

Advocaat said there is more pressure on teams like Germany that are considered favorites and that his team has "everything to win and nothing to lose."

He's confident that Curacao is ready for the challenge of facing Germany, which he referred to as a towering contender.

"We are a minor, very small country compared to Germany, and we're going to make life very difficult for them," he said. "We're going to be a very unpleasant team to play."

Curacao's squad is representing a country that rarely has a chance to have moments as big as this on international sports stages.

Due to its strong Dutch ties, Curacao is not recognized in the Olympics as its own nation, and despite its impressive per-capita production of professional baseball athletes, Curacao players represent the Netherlands at the World Baseball Classic.

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Rs 5 Lakh Lump Sum vs Rs 5,000 Monthly SIP: Which Creates More Wealth?

Lump sum and Systematic Investment Plan (SIP) are two popular ways of investing in mutual funds. While lump sum involves investing a large amount at once, SIP allows investors to put in smaller amounts at regular intervals. 

In a lump sum investment, the money is fully invested immediately. This allows it to potentially grow faster if markets perform well. However, it also carries higher short-term risk. If the portfolio is exposed to market fluctuations from the start, returns can be disappointing.

On the other hand, SIP involves investing smaller amounts regularly, such as monthly or weekly. This approach reduces risk by spreading investments over time. This can also help average out market ups and downs. 

ALSO READ: Equity Fund Inflows Slump 40% To Rs 22,908 Crore In May, Lowest In 2026

Both methods have their own benefits, risks and utilities. Investors with access to both may wonder how they can best maximise their returns. Whether lumpsum can work faster or SIPs are better. 

A quick calculation shows that under identical conditions, a lump sum is likely to benefit more due to higher power of compounding from the start. But is it suitable for everyone - let's see.

SIP:

• SIP amount: Rs 5,000
• Investment duration: 8.3 year
• Expected rate of return: 12%
• Invested amount: Rs 4,98,000
• Estimated returns: Rs 3,57,505
• Total value: Rs 8,55,505

Lumpsum:

• Investment amount: Rs 5,00,000
• Investment duration: 8.3 year
• Expected rate of return: 12%
• Invested amount: Rs 5,00,000
• Estimated returns: Rs 7,80,794
• Total value: Rs 12,80,794

What To Consider Before Investing:

Before choosing between a lump sum investment and a SIP, investors should assess their financial goals, risk tolerance and market conditions. People usually opt for SIPs through their regular income and lump sum when they get a bonus or a gift.

While lump sum investments have the potential for high returns, market timing can play a significant role in the returns. An investment made during unfavourable conditions can lead to poor outcomes and financial stress. As a result, investors with low to moderate risk appetite for mutual funds may consider the SIP route as it gives greater flexibility and peace and mind.

ALSO READ: Gold ETFs Break 13-Month Win Streak As Investors Pull Out Rs 725 Crore In May

Disclaimer: This article is only for informational purpose. Please consult registered financial advisors before taking investment decisions.

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Nifty, Sensex Erase Weekly Losses With Just Friday's Rally On Hopes Of US-Iran Peal Deal

Benchmark indices ended sharply higher, reversing earlier losses for the week on the back of strong Friday gains. The NSE Nifty 50 rose 1.99% to close at 23,622.90, up 461.30 points. The BSE Sensex climbed 2.30% to 75,527.95, gaining 1,695.40 points. Both indices turned positive for the week, with Nifty and Sensex ending higher after earlier declines between Monday and Thursday.

The rebound came after optimism around a potential US-Iran deal lifted sentiment across global markets and eased risk concerns.

Meanwhile, crude prices declined in early Asia trading on Friday after US President Donald Trump said Washington and Tehran had reached a framework agreement, raising hopes of easing tensions in the Middle East. WTI crude futures for July delivery dropped 1.65% to $86.26 per barrel. Brent crude fell 4.6% to $86.3 per barrel.

The slump in crude oil prices came after a draft memorandum between the US and Iran includes provisions to ease tensions and restore energy flows, according to Iranian state media. The draft outlines lifting US oil sanctions and reopening the Strait of Hormuz within 30 days. It also links final negotiations to steps such as releasing part of Iran's frozen funds and easing trade restrictions. The development follows US President Donald Trump's statement that a settlement with Iran is close, subject to finalisation.

Elsewhere, European markets traded in the green, with broad-based gains across key indices. Germany's DAX rose 1.86%, while France's CAC gained 2.09%. Spain's IBEX 35 was up 2.53% and Italy's FTSE MIB advanced 1.93%. UK's FTSE added 1.34%, while STOXX 600 climbed 1.72%. Other indices including OMX 30 and BEL 20 also posted gains, indicating positive sentiment across the region.

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Mumbai Police Responds To Priyanka Chaturvedi's 'Disgraceful' Remark

A viral social media post by the Mumbai Police addressing consent via the ongoing Pranit More biryani controversy has drawn sharp political backlash. Shiv Sena (UBT) lawmaker Priyanka Chaturvedi slammed the law enforcement department's official social media handle, calling its attempt to address the matter "disgraceful."

The Mumbai Police joined the conversation on X, using the trend to emphasise that consent cannot be bought. The police warned, “Rs 370 gets you one plate of biryani. Our lock-up serves free meals with a longer stay.” The post ended with the hashtag “#BiryaniIsNotConsent”.

????It's your choice

????निवड तुमची आहे!#BiryaniIsNotConsent pic.twitter.com/VtxXw7ehQt

— मुंबई पोलीस Mumbai Police (@MumbaiPolice) June 10, 2026

Responding to an official campaign touting the city's commitment to "Safeguarding Women", Chaturvedi criticised the force, replying, "Do better, Mumbai Police, this is so disgraceful."

Do better @MumbaiPolice , this is so disgraceful pic.twitter.com/kx1uwPSuu1

— Priyanka Chaturvedi???????? (@priyankac19) June 10, 2026

This gained the attention of users as well as police authorities, who responded further to her post, "Ma'am, with due respect to your interpretation, isn't it the most rightful thing to stand with women and for women?"

ALSO READ: Pranit More Show Row: Audience Member Loses Job Over Viral 'Rs 370 Biryani' Comment

While clarifying that the language was used only to grab attention and was intended for good purposes, the police added, "We condemn their dignity being breached even in words and are willing to put the word across in a language understood best. Safeguarding women and their dignity is never out of trend!"

This was dismissed by Chaturvedi, who said, "No. But they are selling cheap thrills on the basis of what is trending. Shameless."

What is the biryani controversy?

The "Rs 370 Biryani" controversy erupted after a clip from comedian Pranit More's crowd-work show went viral. In the video, an audience member named Himanshu Jangra stated that he spent Rs 370 on a chicken biryani date, implying that the financial expense entitled him to physical intimacy with the woman.

The comment sparked massive online outrage for reducing consent to a commercial transaction. Amid mounting backlash, comedian Pranit More issued an apology on Instagram before subsequently deactivating his account.

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