Mukesh Ambani Stocks List: 2024
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Mukesh Ambani Stocks List: 2024

Mukesh Ambani is among the richest people on the planet. Everyone is aware of Reliance Industries Limited and its diverse business, but did you also know that Mukesh Ambani owns other firms that are listed on the stock market?

In this blog, we’ll talk about the stocks of companies owned by Mukesh Ambani.

About Mukesh Ambani

Mukesh Ambani is an Indian businessman who is the chairman and managing director of Reliance Industries. As of July 2024, his total net worth is around $124 billion. Reliance Industries is an Indian multinational conglomerate with operations in the energy, petrochemicals, natural gas, retail, entertainment, telecommunication, mass media, and textile sectors. The company has many subsidiaries, and a few of them are listed on the stock market. 

Mukesh Ambani Companies List With Industry business

Here’s a table listing Mukesh Ambani’s major companies and business ventures as of 2024:

Company NameIndustryDescription
Reliance Industries Limited (RIL)Conglomerate (Oil & Gas, Petrochemicals, Retail, Telecom, Digital Services)India’s largest conglomerate, with interests in oil and gas exploration, refining, petrochemicals, retail, telecommunications, and digital services.
Reliance Jio Infocomm LimitedTelecommunicationsThe telecom arm of Reliance, providing 4G/5G mobile services. Jio has transformed India’s telecom sector with affordable data services and digital innovation.
Reliance RetailRetailThe retail arm of RIL, operating supermarkets, hypermarkets, electronics stores, fashion outlets, and online retail through JioMart.
Reliance Life SciencesBiotechnology & HealthcareFocuses on biotechnology, life sciences, and healthcare solutions, including drug development and diagnostics.
Reliance InfrastructureInfrastructure & EnergyEngaged in the development of infrastructure projects, including roads, power generation, and other essential services.
Reliance SolarRenewable EnergyFocus on solar energy generation and clean energy solutions to support India’s transition to sustainable energy sources.
Reliance Industrial Investments and Holdings (RIIHL)Investments & Financial ServicesManages various investments and stakes across different sectors, including media, technology, and energy.
Reliance DigitalElectronics & TechnologyOperates a chain of electronic retail stores across India, selling products such as smartphones, appliances, and gadgets.
Network18 Media & InvestmentsMedia & EntertainmentOwns several media properties like TV channels (Colors, CNBC-TV18), digital platforms (Firstpost), and publishing outlets (Overdrive).
Reliance PowerEnergy & Power GenerationInvolved in the generation of electricity, with a focus on both thermal and renewable energy sources.
Reliance General InsuranceInsuranceProvides a range of general insurance products, including motor, health, home, and travel insurance.
Reliance TrendsFashion & ApparelA major fashion retail chain in India offering a wide range of clothing, accessories, and footwear for men, women, and children.
Jio PlatformsDigital & TechnologyA technology and digital services company, responsible for innovations in 5G technology, e-commerce, and media, and a key player in Jio’s digital ecosystem.
Reliance CommunicationsTelecommunications & ITA provider of telecommunications services and network solutions, primarily for broadband, mobile, and enterprise customers.
SkyTranTransport & TechnologyA futuristic, lightweight, urban transport system, part of Mukesh Ambani’s interest in advanced mobility solutions.
Reliance GeoSpaceReal Estate & InfrastructureFocuses on building large-scale infrastructure projects, including commercial and residential real estate development.
Reliance E-commerce (JioMart)E-commerceJioMart is Reliance’s online grocery and retail platform, competing with the likes of Amazon and Flipkart in India.

This list includes the prominent businesses owned or controlled by Mukesh Ambani through his holdings in Reliance Industries, and other significant investments and ventures. Many of these companies are major players in their respective sectors and contribute to Ambani’s diversified business empire.

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Mukesh Ambani Listed Companies on the Stock Market

The companies are listed below:

  1. Reliance Industries Ltd.
  2. Jio Financial Services Ltd.
  3. Just Dial Ltd.
  4. Hathway Cable & Datacom Ltd.
  5. Den Networks Ltd.

The Ambani stocks have been listed in descending order based on their market capitalization in the table below:

CompanyMarket Capitalization (in INR crores)Current Market Price
(in INR)
52-Week High
(in INR)
52-Week Low
(in INR)
Reliance Industries Ltd.19,94,9682,9493,2182,220
Jio Financial Services Ltd.2,06,863326395203
Just Dial Ltd.10,9851,2921,329693
Hathway Cable & Datacom Ltd.3,84521.72816
Den Networks Ltd.2,50752.569.440.6
(As of 11 August 2024) 

Overview of Mukesh Ambani Stocks 

An overview of the companies owned by Mukesh Ambani has been given below:

Reliance Industries Ltd.

The company’s history can be traced back to 1958, when Mr. Dhirubhai Ambani started a yarn trading business in Mumbai. In 1977, the company was listed on the Indian stock exchanges. Later, in 1980, it expanded its business into the petrochemical sector. After his death, Dhirubhai Ambani’s two sons, Anil and Mukesh Ambani, split up the company. Under Mukesh Ambani’s leadership, the company has soared to new heights by branching out into several sectors, including retail, telecommunications, entertainment, etc. Additionally, the company is investing heavily in the renewable energy sector. The company’s headquarters is in Mumbai.

 Jio Financial Services Ltd.

The business was established in 1999 as a Reliance Industries Limited subsidiary. Initially, the company was named Reliance Strategic Investments Private Limited. In 2022, Reliance Industries decided to demerge its financial services business into an independent company, and in 2023, the company went public. To encourage digital payments, the corporation is concentrating on offering options like cashless transactions. In addition, it provides small business companies with lending services. The company’s headquarters are in Mumbai.

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Just Dial Ltd.

VSS Mani launched the business as an internet technology company in 1966. The company’s initial offering was a call system that worked over the phone to provide information about nearby companies. The company launched its official website later in 2007 as internet services became more widely available in the nation, giving businesses access to local information. In 2023, Just Dial went public with an initial public offering (IPO) to raise money. As part of their expansion strategy, Reliance Industries purchased a majority share in the company in 2021. The organization’s headquarters is located in Mumbai.

Hathway Cable & Datacom Ltd.

The business was founded in 1959 under the name Chics Display Services Pvt. Ltd., with the primary objective of offering cable TV services. The business is now known as Hathway Cable & Datacom Limited. Later, as the internet grew, the business began to provide broadband services. In 2010, it was listed on the Indian Stock Exchange. A sizable portion of the business was purchased in 2018 by Reliance Industries. Its headquarters are located in Mumbai. 

Den Networks Ltd.

The company, which was founded in 2007, is a significant participant in the Indian cable television market. The corporation partnered with nearby cable companies to grow its network. In 2009, the company came out with an initial public offering (IPO) to raise money for future growth and technological advancements. In 2014, the company broadened its line of products and started operating in the broadband internet sector. They used to deliver high-speed internet via its vast cable network. Reliance Industries acquired a 66% stake in DEN Networks in 2018. The company’s headquarters is located in New Delhi.

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Performance of Ambani Stocks 

The performance of Ambani Group Stocks is mentioned below-

Company6-Month Return1-Year Return
Reliance Industries Ltd.1.43%15.66%
Jio Financial Services Ltd.20%30.88%
Just Dial Ltd.52.93%68.11%
Hathway Cable & Datacom Ltd.-7.46%31.52%
Den Networks Ltd.-4.91%21.95%
(As of 11 August 2024)

Key Performance Indicators (KPIs)

CompanyROE (%)ROCE (%)Debt to EquityP/E P/B
Reliance Industries Ltd.8.779.380.4128.752.50
Jio Financial Services Ltd.1.151.060671.738.56
Just Dial Ltd.9.0211.19030.492.75
Hathway Cable & Datacom Ltd.2.312.45039.540.89
Den Networks Ltd.6.277.07011.370.73
(All the above data is of the year ended March 2024)  

Benefits of Investing in Mukesh Ambani Stocks

The Benefits of Ambani Stocks is mentioned below-

  • Strong Market Presence: Reliance Industries and other Ambani-owned companies are leaders in sectors like telecom, retail, and energy.
  • Diversification: Exposure to a wide range of industries including digital services, petrochemicals, and infrastructure.
  • Growth Potential: Ambani’s companies are constantly innovating, driving potential for long-term capital appreciation.
  • Strong Leadership: Mukesh Ambani’s strategic vision and leadership have consistently delivered strong financial results.
  • Dividend Yields: Some of his stocks provide attractive dividend payouts to investors.

Investing in Mukesh Ambani’s Stocks with Pocketful

Want to own a piece of Reliance Industries, one of India’s largest conglomerates? Pocketful makes it easy. Here’s how:

  1. Download the Pocketful App: Get it from the App Store or Google Play Store.
  2. Create an Account: Sign up with your basic details.
  3. Search for Reliance Industries: Find it by its stock symbol or name.
  4. Buy Shares: Choose the number of shares and place your order.
  5. Track Your Investment: Monitor your portfolio’s performance.

With Pocketful, investing in Mukesh Ambani’s stocks is just a few taps away.

Conclusion

In conclusion, the chairman of Reliance Industries, Mr. Mukesh Ambani, has strategically acquired several companies to broaden their commercial and geographic scope. The corporation has acquired businesses from other industries, such as retail and finance, to diversify its product offering. Despite the company’s excellent fundamentals and ranking as one of the top listed companies in India, one should always speak with an investment professional before making any investment decisions. 

Frequently Asked Questions (FAQs)

  1. Who is the chairman of Reliance Industries Limited?

    Mr. Mukesh Ambani is the chairman of Reliance Industries Limited.

  2. What is Jio Financial Services Limited’s main business?

    Services offered by Jio Financial Services include instant loans, insurance plans, digital banking, UPI payments, etc.

  3. Is Just Dial owned by Reliance?

    In 2021, Reliance Retail paid 3,497 crores to acquire a 66.95% stake in Just Dial.

  4. What was DEN Networks previously known as?

    DEN Networks was previously known as Digital Entertainment Network Private Limited.

  5. What is Reliance Industries’ main business?

    The main business of Reliance Industries includes textiles, retail, gas, petrochemicals, and refining.

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