Last week, the stock market was faced with ups and downs. The market cap of five out of the 10 most valuable Sensex companies increased by Rs. 1,99,111.06 last week.
Mukesh Ambani’s Reliance Industries (NSE: RELIANCE) has also left behind the leading Tata Group company Tata Consultancy Services.
which company benefits?
Reliance Industries, Tata Consultancy Services, ICICI Bank, Infosys, and Bharti Airtel’s market values increased this week.
However, HDFC Banks, Hindustan Unilever, ITC, State Bank of India, and Life Insurance Corporations (LICs) remained negative and saw their market values decline. Overall, the valuation fell by Rs 76 098,67 crore.
Whose market capital is that much?
Reliance Industries’ market capitalization increased by Rs 90,220 crores in a week, to Rs 18,53 865,17 crores. TCS’s valuation increased by Rs 52,672.04 crore to Rs 14,20.333.97 crore.
Tata Consultancy Services shares rose by almost four percent on Friday. The December quarter profit for the company was Rs 11,735 crore, an increase of 8,2 percent.
Infosys increased its market capitalization by Rs 32 913 04 crores to Rs 6 69 135.15 crores during the past week.
The result of the company’s quarter ended December was in line with market expectations. Infosys’s stock rose eight percent Friday as a result.
Bharti Airtel’s market capitalization increased by Rs 16,452.93 to Rs 6,05.299.02 crore. ICICI Bank’s market capitalization increased by Rs 6,852.65 to Rs 7,04210.07 crore.
Who suffered loss
HDFC Bank’s market value has declined from Rs 32,609,73 crore to Rs 12 44,825,83 crore. Hindustan Unilever has seen its valuation drop by Rs 17,633.68 to Rs 5,98,029.72 crore.
LIC’s value dropped by Rs 9,519.13 to Rs 524,563.68 crore. ITC’s value fell by Rs 9,107.19 to Rs 582,111.90.
State Bank of India’s (SBI) market value decreased by Rs 7,228.94 to Rs 5,65.597.28 crore.
Reliance Industries is still the top company in the top 10. TCS, HDFC Bank ICICI Bank Infosys Bharti Airtel Hindustan Unilever ITC SBI LIC were the next companies.
About Reliance Industries Limited
Reliance Industries Ltd. engages in the exploration and production of hydrocarbon refineries of petroleum, marketing and retail, petrochemicals and telecommuting.
The Refining segment is comprised of the manufacturing and marketing operations for petroleum products.
The Petrochemicals segment is manufacturing and marketing processes of petrochemical products.
The company was established in 1966 by Dhirubhai Hirachand Ambani in the year 1966 and is located in Mumbai, India.
Fundamental Analysis of Reliance Industries Limited
| Market Cap | ₹ 18,54,778 Cr. |
| Current Price | ₹ 2,741 |
| 52-wk High | ₹ 2,747 |
| 52-wk Low | ₹ 2,000 |
| Stock P/E | 27.1 |
| Book Value | ₹ 1,110 |
| Dividend | 0.33 % |
| ROCE | 9.14 % |
| ROE | 8.94 % |
| Face Value | ₹ 10.0 |
| P/B Value | 2.47 |
| OPM | 17.6 % |
| EPS | ₹ 101 |
| Debt | ₹ 3,16,697 Cr. |
| Debt to Equity | 0.42 |
Reliance Industries Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹2800 | ₹3100 |
| 2025 | ₹3160 | ₹3400 |
| 2026 | ₹3500 | ₹3860 |
| 2027 | ₹4000 | ₹4612 |
| 2028 | ₹5000 | ₹5900 |
| 2029 | ₹6300 | ₹6700 |
| 2030 | ₹7150 | ₹8400 |
Reliance Industries Limited Shareholding Pattern
| Promoters Holding | |
| Sept 2022 | 50.56% |
| Dec 2022 | 50.49% |
| Mar 2023 | 50.41% |
| June 2023 | 50.39% |
| Sept 2023 | 50.27% |
| FII Holding | |
| Sept 2022 | 23.58% |
| Dec 2022 | 23.48% |
| Mar 2023 | 22.49% |
| June 2023 | 22.55% |
| Sept 2023 | 22.60% |
| DII Holding | |
| Sept 2022 | 14.91% |
| Dec 2022 | 15.26% |
| Mar 2023 | 16.06% |
| June 2023 | 16.13% |
| Sept 2023 | 15.99% |
| Govt. Holding | |
| Sept 2022 | 0.16% |
| Dec 2022 | 0.16% |
| Mar 2023 | 0.16% |
| June 2023 | 0.17% |
| Sept 2023 | 0.17% |
| Public Holding | |
| Sept 2022 | 10.78% |
| Dec 2022 | 10.59% |
| Mar 2023 | 10.89% |
| June 2023 | 10.76% |
| Sept 2023 | 10.98% |
Reliance Industries Limited Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹568,337 Cr |
| 2020 | ₹596,679 Cr |
| 2021 | ₹466,307 Cr |
| 2022 | ₹698,672 Cr |
| 2023 | ₹869,443 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹39,837 Cr |
| 2020 | ₹39,880 Cr |
| 2021 | ₹53,739 Cr |
| 2022 | ₹67,845 Cr |
| 2023 | ₹77,269 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.7 |
| 2020 | 0.65 |
| 2021 | 0.32 |
| 2022 | 0.34 |
| 2023 | 0.44 |
Last 10 Years’ Profit Growth:
| 10 Years: | 13% |
| 5 Years: | 13% |
| 3 Years: | 16% |
| Current Year: | 7% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 9% |
Last 10 Years’ Sales Growth:
| 10 Years: | 8% |
| 5 Years: | 18% |
| 3 Years: | 14% |
| Current Year: | 3% |
Conclusion
This article is a complete guide about Reliance Industries Limited Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
