ReutersRelated
Motilal Oswal has buy call on Reliance Industries with a target price of Rs 2285. The current market price of is Rs 2178.55.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1473251.67 Crore) operating in Diversified sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 128450.00 Crore, up 6.65 % from last quarter Total Income of Rs 120444.00 Crore and down -17.97 % from last year same quarter Total Income of Rs 156584.00 Crore. Company reported net profit after tax of Rs 14819.00 Crore in latest quarter.
Investment Rationale
Higher highs are visible on weekly scale and resilience at the time of market fall.
Promoter/FII Holdings
Promoters held 49.1 per cent stake in the company as of Dec 30, 2020, while FIIs held 27.3 per cent, DIIs 12.7 per cent and public and others 10.9 per cent.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1473251.67 Crore) operating in Diversified sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 128450.00 Crore, up 6.65 % from last quarter Total Income of Rs 120444.00 Crore and down -17.97 % from last year same quarter Total Income of Rs 156584.00 Crore. Company reported net profit after tax of Rs 14819.00 Crore in latest quarter.
Investment Rationale
Higher highs are visible on weekly scale and resilience at the time of market fall.
Promoter/FII Holdings
Promoters held 49.1 per cent stake in the company as of Dec 30, 2020, while FIIs held 27.3 per cent, DIIs 12.7 per cent and public and others 10.9 per cent.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
