AgenciesINSIGHTS
Read Stock Insights by ET for a quick analysis
Chandan of has buy call on . with a target price of Rs 2750. The current market price of Reliance Industries is Rs 2645. Time period given by analyst is Intra Day when Ltd. price can reach defined target.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1736932.15 Crore) operating in Diversified sector.
Reliance Industries Ltd. key Products/Revenue Segments include Petrochemicals, Income From Financial Services, Other Services, Oil & Gas, Others and Income from Retailing for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 225360.00 Crore, up 5.14 % from last quarter Total Income of Rs 214344.00 Crore and up 51.66 % from last year same quarter Total Income of Rs 148591.00 Crore. Company reported net profit after tax of Rs 19508.00 Crore in latest quarter.
Investment Rationale
Making higher lows from the last five weeks and crossed and closed above past resistance zone.
Promoter/FII Holdings
Promoters held 50.62 per cent stake in the company as of 30-Jun-2022, while FIIs owned 26.3 per cent, DIIs 12.27 per cent.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1736932.15 Crore) operating in Diversified sector.
Reliance Industries Ltd. key Products/Revenue Segments include Petrochemicals, Income From Financial Services, Other Services, Oil & Gas, Others and Income from Retailing for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 225360.00 Crore, up 5.14 % from last quarter Total Income of Rs 214344.00 Crore and up 51.66 % from last year same quarter Total Income of Rs 148591.00 Crore. Company reported net profit after tax of Rs 19508.00 Crore in latest quarter.
Investment Rationale
Making higher lows from the last five weeks and crossed and closed above past resistance zone.
Promoter/FII Holdings
Promoters held 50.62 per cent stake in the company as of 30-Jun-2022, while FIIs owned 26.3 per cent, DIIs 12.27 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Experience Your Economic Times Newspaper, The Digital Way!
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by