Posted on September 25, 2024 under Basics by Ayush Maurya
Mukesh Ambani Companies List 2024: Mukesh Ambani Shares
Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, is not just India’s richest man but a global business titan. His companies have reshaped industries, from telecom with Jio’s disruptive entry to retail, petrochemicals, and now green energy. But how vast is his business empire, and what companies fall under his leadership?
In this Mukesh Ambani companies list, we’ll explore the diverse range of businesses he controls, spanning several industries that affect millions of Indians daily. Whether you're curious about Reliance's telecom dominance, retail expansion, or its move into sustainable energy, this blog offers a complete overview of Mukesh Ambani's major companies in 2024.
Table of Content
History of Mukesh Ambani Companies
Mukesh Ambani's journey with Reliance Industries began when he took charge of the family business in the early 1980s. The company was originally founded by his father, Dhirubhai Ambani, and was known for its work in textiles and petrochemicals. Mukesh Ambani quickly expanded Reliance into new areas, turning it into one of the biggest companies in India.
A major turning point came in 2002 when Mukesh Ambani took full leadership of the company after his father's death. Under his guidance, Reliance moved beyond its traditional business in oil and chemicals. Ambani started entering new industries, especially telecom and retail, which have become big parts of the Reliance empire today.
One of his boldest moves was the launch of Jio in 2016. Jio offered fast 4G internet at extremely low prices, which changed the telecom industry in India. Within a few years, Jio became the largest mobile network in the country. This made the internet and digital services available to millions of Indians, especially in rural areas where it was less accessible before.
Today, the Mukesh Ambani companies list includes businesses that cover many different industries, from oil, gas, and chemicals to telecom, retail, and even media. His companies, including Network18, Reliance Jio, and Reliance Retail, continue to shape and influence not only the Indian economy but also the global market. With Mukesh Ambani at the helm, Reliance has become a symbol of innovation and growth, always looking ahead to new opportunities.
List of Mukesh Ambani Companies 2024
Below is Mukesh Ambani's companies list for 2024, providing a detailed overview of his major companies, their sectoral presence, current market price (CMP), and market capitalisation where available.
Above is the Mukesh Ambani shares list with Price | Data as of 24/09/2024
This Mukesh Ambani companies list shows a well-diversified portfolio, with companies leading their respective sectors in India. While some companies like Reliance Industries Ltd and Network18 are already listed on the stock exchanges, others, such as Reliance Retail Ventures Ltd, Jio Platforms Ltd, and Reliance New Energy Ventures, are not yet listed but hold significant value.
About Mukesh Ambani Companies
Mukesh Ambani's companies span industries like telecom, energy, media, infrastructure, and financial services. Below is a detailed breakdown of the key companies within the Mukesh Ambani companies list in 2024, including their subsidiaries and detailed financial information to comprehensively understand their market position.
1. Reliance Industries Ltd (RIL)
Sector: Energy, Petrochemicals, Retail, Telecom, Digital Services.
About: Reliance Industries Ltd (RIL) is the crown jewel of Mukesh Ambani’s business empire. Founded by Dhirubhai Ambani and later taken over by Mukesh Ambani, it has grown from a textiles and petrochemicals company into a diversified global conglomerate. RIL’s main operations revolve around energy (oil refining and petrochemicals), but its subsidiaries also have substantial stakes in retail and telecom. Key Subsidiaries:
Reliance Jio: A digital and telecom giant, Reliance Jio transformed India’s mobile internet landscape by offering affordable 4G services. Jio's aggressive pricing and expansion have made it India's largest mobile network operator.
Reliance Retail: The largest retail chain in India, Reliance Retail covers supermarkets, fashion, electronics, and even e-commerce through JioMart.
Reliance New Energy: With the global shift towards sustainability, Mukesh Ambani has made clear plans for green energy projects, including solar power and hydrogen energy, through this subsidiary.
Listed Information:
Market Cap: ₹2021896 Cr
CMP: ₹2,986.65
Returns:
1Y Return (%)
3Y Return (%)
5Y Return (%)
27.24
19.40
142.46
Note: Data as of 24/09/2024
2. Reliance Industrial Infrastructure Ltd (RIIL)
Sector: Infrastructure.
About: Reliance Industrial Infrastructure Ltd (RIIL) primarily focuses on infrastructure development. It provides services such as pipeline transportation of petroleum products, equipment leasing, and other infrastructure activities. Although not as prominent as its parent company, RIIL plays a key role in supporting Reliance's internal projects, especially in sectors related to energy and industry. Key Projects:
Infrastructure services for Reliance's oil refineries and industrial units.
Leasing and infrastructure support for the company’s extensive project work, particularly in Maharashtra.
Listed Information:
Market Cap: ₹2096 Cr
CMP: ₹1,329.95
Returns:
1Y Return (%)
3Y Return (%)
5Y Return (%)
39.57
88.53
369.50
Note: Data as of 24/09/2024
3. Just Dial Ltd
Sector: Digital Services, Local Search.
About: Just Dial is India’s leading local search engine platform, acquired by Reliance in 2021. It connects users with various businesses and services across categories like food, retail, healthcare, and more. Under Reliance’s ownership, Just Dial is expected to integrate further into Reliance’s digital and e-commerce operations, likely enhancing JioMart's reach and expanding its digital service ecosystem. Key Services:
Local business listings and service search.
Online advertising solutions for small and medium businesses.
Listed Information:
Market Cap: ₹10116 Cr
CMP: ₹1178.20
Returns:
1Y Return (%)
3Y Return (%)
5Y Return (%)
65.41
19.30
70.67
Note: Data as of 24/09/2024
4. Jio Financial Services Ltd
Sector: Financial Services.
About: Jio Financial Services Ltd is Mukesh Ambani’s latest venture in the financial sector. Spun off from Reliance Industries, this company aims to disrupt India's financial services space, just as Jio did in telecom. It offers a wide range of services, including digital payments, lending, and insurance, with a vision to empower millions of Indians with easy access to financial tools. Key Offerings:
About: Network18 Media & Investments is one of India’s largest media conglomerates. With holdings in television, print, and digital media, Network18 operates some of the country’s most popular TV channels, news platforms, and entertainment websites. The company owns major TV channels like CNBC-TV18, CNN-News18, and entertainment channels under the Colors brand. Key Subsidiaries:
TV18 Broadcast Ltd: Owns and operates a broad network of news, entertainment, and regional language channels.
Voot: One of India’s leading OTT platforms, offering a wide range of content from movies, series, and exclusive shows.
Listed Information:
Market Cap: ₹8737 Cr
CMP: ₹82.26
Returns:
1Y Return (%)
3Y Return (%)
5Y Return (%)
21.70
57.93
244.65
Note: Data as of 24/09/2024
6. Den Networks Ltd
Sector: Cable TV, Broadband.
About: Den Networks is another major cable TV and broadband player in India, acquired by Reliance to strengthen its broadband and TV distribution. It provides millions of subscribers with cable TV services, digital content, and high-speed broadband. This acquisition complements Hathway Cable, creating a robust network for Jio’s fiber-to-home services. Key Services:
Digital cable TV services.
High-speed broadband internet for homes and businesses.
Listed Information:
Market Cap: ₹2593 Cr
CMP: ₹54.01
Returns:
1Y Return (%)
3Y Return (%)
5Y Return (%)
4.72
11.67
-8.76
Note: Data as of 24/09/2024
7. Alok Industries Ltd
Sector: Textiles, Manufacturing
About: Alok Industries is one of India's largest integrated textile manufacturers, producing a wide range of fabrics and garments for domestic and global markets. After going through financial difficulties, Reliance Industries acquired Alok Industries in 2020 as part of its insolvency resolution process. The company plays a significant role in Reliance’s strategy to strengthen its position in the textile and manufacturing sectors, complementing Reliance’s retail ambitions by boosting domestic production of fabrics, home textiles, and garments.
Key Offerings:
Textile manufacturing, including cotton and polyester fabrics.Home textiles like towels, bed sheets, and furnishing fabrics.Export of garments to international markets.
Listed Information:
Current Market Price (CMP): ₹25.52
Market Cap: ₹12,666Cr
Returns:
1Y Return (%)
3Y Return (%)
5Y Return (%)
35.64
11.11
58.88
Note: Data as of 24/09/2024
8. Hathway Cable & Datacom Ltd
Sector: Broadband, Cable TV.
About: Hathway Cable & Datacom is India’s leading cable TV and broadband service provider. Reliance acquired it to expand Jio’s footprint into household broadband services. Hathway delivers high-speed internet and digital cable services to millions of Indian homes, supporting Jio's push to dominate the home broadband market with fibre-to-home connections. Key Services:
Fiber-to-home broadband services.
Cable TV and digital set-top box services.
Listed Information:
Market Cap: ₹3666 Cr
CMP: ₹20.66
Returns:
1Y Return (%)
3Y Return (%)
5Y Return (%)
5.36
-16.57
-6.98
Note: Data as of 24/09/2024
9. Reliance Retail Ventures Ltd
Sector: Retail, E-commerce.
About: Reliance Retail Ventures Ltd is India’s largest retailer, serving millions of customers across the country through its extensive network of supermarkets, consumer electronics stores, fashion outlets, and the fast-growing JioMart e-commerce platform. This company has reshaped India’s retail sector, setting benchmarks for both physical and digital retail experiences. Key Subsidiaries:
JioMart: E-commerce platform connecting local retailers with customers.
Reliance Fresh: Supermarket chain offering grocery and daily essentials.
Listed Information:
Not Listed
11. Jio Platforms Ltd
Sector: Telecom, Digital Services.
About: Jio Platforms Ltd is the digital arm of Reliance Industries, encompassing telecom services through Reliance Jio, and other digital ventures like JioTV, JioFiber, and JioMart. Jio Platforms is driving India’s digital transformation, with a wide array of services ranging from internet, mobile, and digital content, to smart devices and payments. Key Subsidiaries:
Reliance Jio: India’s leading telecom company.
JioFiber: High-speed broadband and fiber-to-home internet services.
Listed Information:
Not Listed
11. Reliance New Energy Ventures
Sector: Renewable Energy.
About: Reliance New Energy Ventures is Mukesh Ambani’s initiative into renewable energy. With plans to dominate the future of energy through investments in solar power, hydrogen energy, and battery storage solutions, this company is poised to play a major role in India’s transition to sustainable energy sources. Key Projects:
Solar power generation and storage.
Hydrogen energy production and distribution.
Listed Information:
Not Listed
12. Reliance General Insurance
Sector: Insurance.
About: Reliance General Insurance provides a wide range of insurance products, including health, motor, and property insurance. The company is a key player in India's growing insurance market and is expected to expand its offerings with more innovative, customer-centric solutions. Key Offerings:
Health, motor, and travel insurance.
Property and liability insurance for businesses.
Listed Information:
Not Listed
List of Mukesh Ambani Listed Companieson NSE
The Mukesh Ambani companies list includes several businesses listed on the NSE (National Stock Exchange). These companies operate in various sectors, from telecom and media to energy and infrastructure, and are key players in their respective industries.
Below is a detailed table of Mukesh Ambani’s listed companies, including their NSE symbol and P/E ratio, to help investors make informed decisions.
Above are the Mukesh Ambani shares listed on NSE | Data as of 24/09/2024
Upcoming Ventures & Future Prospects
The Mukesh Ambani companies list continues to grow with exciting developments across key industries. Here are the major ventures shaping the future of Reliance:
Reliance Retail IPO: One of the most awaited IPOs in India, Reliance Retail Ventures is set to go public, allowing investors to tap into India’s largest retail network, covering everything from groceries to e-commerce via JioMart.
Jio Platforms: Having already launched 5G services across India in 2022, Jio Platforms is now focusing on expanding 5G adoption, developing AI, and strengthening cloud services. This includes plans to introduce more smart devices and digital ecosystems for homes and industries.
Renewable Energy Shift: Reliance New Energy Ventures is leading the company’s shift toward green energy with large-scale investments in solar, hydrogen energy, and battery storage solutions. This aligns with Mukesh Ambani's vision of making India a global leader in renewable energy.
Jio Financial Services: Still in its early stages, Jio Financial Services is expanding rapidly in the digital finance space, offering lending, insurance, and payment solutions. Its goal is to provide seamless digital banking services, targeting underserved markets.
Sector Presence of Mukesh Ambani Companies: StocksSector
Mukesh Ambani’s business empire has a diverse presence across multiple high-growth sectors. Here’s an overview of the major sectors:
Energy & Petrochemicals: Reliance Industries remains a leader in refining and petrochemicals, while Reliance New Energy Ventures is aggressively investing in solar power, hydrogen, and battery tech for a sustainable future.
Telecom & Digital Services: Jio Platforms revolutionised India’s telecom industry by launching affordable 4G services and rolling out 5G nationwide. Jio’s digital services also include cloud computing, AI, and smart devices for homes and businesses.
Retail: Reliance Retail dominates India’s retail market, from physical stores to JioMart, its e-commerce platform. The upcoming Reliance Retail IPO will further boost its presence and market influence.
Media & Entertainment: Through Network18 and its subsidiaries, Reliance has a strong presence in news and entertainment. Platforms like Voot offer on-demand digital content, making Reliance a key player in the OTT space.
Financial Services: Jio Financial Services aims to democratise financial access through digital-first banking solutions, covering payments, lending, and insurance.
This sectoral diversity ensures that the Mukesh Ambani companiescontinue to dominate India’s economic landscape, with strong growth prospects in each industry.
Features of Mukesh Ambani Group Stocks
Investing in Mukesh Ambani companies offers several key benefits:
Sectoral Diversification: Reliance Group companies provide exposure to various high-growth industries, such as energy, telecom, retail, media, and financial services.
Innovation & Expansion: Companies like Jio Platforms are continually pushing the envelope with advancements in 5G, cloud services, and AI, while Reliance New Energy Ventures is focusing on renewable energy to drive future growth.
Consistent Returns: Flagship companies like Reliance Industries Ltd have a history of delivering consistent returns through capital appreciation and dividends, ensuring long-term value for investors.
Visionary Leadership: Mukesh Ambani’s forward-thinking approach has consistently transformed industries, whether it’s telecom, retail, or energy. His commitment to innovation keeps the Reliance Group at the cutting edge of industry trends.
Key Personnel of Reliance Group
The success of the Mukesh Ambani companies is shaped by a strong and visionary leadership team that guides Reliance Industries through strategic decisions and innovation. Below are the key leaders of the Reliance Group, each playing a crucial role in the company’s success:
Mr. Mukesh D. Ambani: Chairman and Managing Director of Reliance Industries Ltd (RIL), he oversees the overall strategy and growth of the company across all sectors.
Ms. Isha M. Ambani: Non-Executive Director, focused on leading Reliance’s retail and digital business strategies.
Mr. Akash M. Ambani: Non-Executive Director, spearheading Jio Platforms and driving innovations in the telecom and digital services sector.
Mr. Anant M. Ambani: Non-Executive Director, involved in leading Reliance New Energy Ventures and sustainability projects.
Mr. Hital R. Meswani: Executive Director, actively managing day-to-day operations and key business projects.
Mr. P.M.S. Prasad: Executive Director, focused on energy, refining, and petrochemicals, ensuring smooth operations in core sectors.
Mr. Raminder S. Gujral: Independent Director, providing governance and strategic insight to the board.
This leadership team ensures that the Mukesh Ambani companies maintain their growth trajectory, successfully navigating both the challenges of traditional industries and the opportunities of new sectors like green energy and digital services.
How to Invest in Mukesh Ambani Group Stocks
Investing in Mukesh Ambani companies can be a great way to diversify your portfolio, given the group's strong performance across sectors like energy, telecom, retail, and media. Here's how you can invest:
Open a Demat and Trading Account: You will need anaccount with Lakshmishree to hold, buy or sell your shares.
Search the Stocks: Look into the listed companies under the Mukesh Ambani companies list (e.g., Reliance Industries, Jio Financial Services, Network18) and check their current market performance, financials, and growth potential.
Place Your Order: Once you've decided which stocks to invest in, place your buy order via the stockbroker platform.
Monitor Your Investments: Keep an eye on market trends, news, and updates about Mukesh Ambani’s companies to make informed decisions about holding, selling, or buying more shares.
Conclusion
The Mukesh Ambani companies list represents a diverse and dynamic portfolio that spans multiple sectors, from energy and retail to telecom, media, and financial services. Under Mukesh Ambani's visionary leadership, these companies have grown into industry leaders in India and beyond, shaping the future of key markets like green energy, 5G services, and digital finance. For investors, the Mukesh Ambani companies offer a unique opportunity to invest in a well-diversified, innovation-driven conglomerate that has consistently delivered growth and value.
To invest in Mukesh Ambani's companies, you need to open a Demat and trading account with a stockbroker. From there, you can invest in listed companies such as Reliance Industries Ltd, Jio Financial Services, and Network18 Media, which are available on the NSE.
3. What is Mukesh Ambani's flagship company?
Reliance Industries Ltd (RIL) is the flagship company of Mukesh Ambani, known for its dominant presence in energy, petrochemicals, and telecom through its subsidiaries like Reliance Jio and Reliance Retail.
4. What sectors do Mukesh Ambani's companies operate in?
The Mukesh Ambani companies list covers a wide range of sectors, including energy, telecom, digital services, retail, media, and financial services. The companies are highly diversified, providing opportunities in both traditional and emerging sectors.
Disclaimer: This article is intended for educational purposes only. Please note that the data related to the mentioned companies may change over time. The securities referenced are provided as examples and should not be considered as recommendations.
Ayush is a seasoned financial markets expert with over 3years of experience. He has a passion for breaking down complex financial concepts into simple, digestible terms. Through his 50+ articles, Ayush has helped countless individuals navigate the often intimidating world of finance.
