ReutersJM Financial has buy call on Reliance Industries with a target price of Rs 2900. The current market price of Reliance Industries is Rs 2307.05.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1556137.41 Crore) operating in Diversified sector.
Reliance Industries Ltd. key Products/Revenue Segments include Petrochemicals, Oil & Gas, Income From Financial Services, Other Services, Others and Income from Retailing for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 211372.00 Crore, down -2.08 % from last quarter Total Income of Rs 215863.00 Crore and down -4.59 % from last year same quarter Total Income of Rs 221551.00 Crore. Company has reported net profit after tax of Rs 18182.00 Crore in latest quarter.
Promoters held 50.39 per cent stake in the company as of 30-Jun-2023, while FIIs owned 22.55 per cent, DIIs 16.05 per cent.
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1556137.41 Crore) operating in Diversified sector.
Reliance Industries Ltd. key Products/Revenue Segments include Petrochemicals, Oil & Gas, Income From Financial Services, Other Services, Others and Income from Retailing for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 211372.00 Crore, down -2.08 % from last quarter Total Income of Rs 215863.00 Crore and down -4.59 % from last year same quarter Total Income of Rs 221551.00 Crore. Company has reported net profit after tax of Rs 18182.00 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 50.39 per cent stake in the company as of 30-Jun-2023, while FIIs owned 22.55 per cent, DIIs 16.05 per cent.
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