Reliance Industries Ltd (NSE: RIL) Quarterly Results For Q1: Reliance Industries will present its first quarter results for this year’s financial year.
RIL has been informed about the issue in its most recent exchange filing. Reliance shares are in the news in anticipation of the outcome.
According to experts in the stock market, Reliance may give mixed numbers in the first quarter of the financial year.
Stock Research Analyst claimed that the company’s revenue may grow. However, there is a chance of a rise in profit and operating margin.
The company’s operational results are likely to be in the negatives due to the weak refining margins as being a rise in the retail sector.
A brokerage is predicting a solid performance for RIL’s B2C retail segment, particularly Jio.
He stated that they’re looking at a consolidated EBITDA of about Rs 39,900 crore. Another Brokerage predicts Reliance Industries’ revenue growth of 10 percent over the past year, however the profit forecast is the same.
Reliance Shares To Remain Strong
Another expert said that Reliance shares will continue to be solid and, as long as they are trading above Rs 3,100 the idea of buying dips on dips is still valid.
Therefore, investors who wish to include RIL shares in their portfolios could purchase for the present market rate of Rs 3,250 over the short term while keeping an amount of stop loss at Rs 3,100.
The holders of this stock could hold it for as long as they want for Rs 3,100 per share.
Reliance Industries Ltd Stock Performance
| Current Price | ₹ 3,110 |
| 52-wk High | ₹ 3,218 |
| 52-wk Low | ₹ 2,220 |
| 5 Days Return | -1.86% |
| 1 Month Return | 5.75% |
Key Fundamentals Parameters
| Market Cap | ₹ 21,04,371 Cr. |
| Stock P/E | 30.6 |
| Book Value | ₹ 1,173 |
| Dividend | 0.29 % |
| ROCE | 9.99 % |
| ROE | 9.23 % |
| Face Value | ₹ 10.0 |
| P/B Value | 2.65 |
| OPM | 17.6 % |
| EPS | ₹ 102 |
| Debt | ₹ 3,46,142 Cr. |
| Debt to Equity | 0.44 |
Reliance Industries Ltd Shareholding Pattern
| Promoters Holding | |
| Mar 2023 | 50.41% |
| June 2023 | 50.39% |
| Sept 2023 | 50.27% |
| Dec 2023 | 50.30% |
| Mar 2024 | 50.31% |
| FII Holding | |
| Mar 2023 | 22.49% |
| June 2023 | 22.55% |
| Sept 2023 | 22.60% |
| Dec 2023 | 22.13% |
| Mar 2024 | 22.06% |
| DII Holding | |
| Mar 2023 | 16.06% |
| June 2023 | 16.13% |
| Sept 2023 | 15.99% |
| Dec 2023 | 16.59% |
| Mar 2024 | 16.98% |
| Govt. Holding | |
| Mar 2023 | 0.16% |
| June 2023 | 0.17% |
| Sept 2023 | 0.17% |
| Dec 2023 | 0.18% |
| Mar 2024 | 0.19% |
| Public Holding | |
| Mar 2023 | 10.89% |
| June 2023 | 10.76% |
| Sept 2023 | 10.98% |
| Dec 2023 | 10.80% |
| Mar 2024 | 10.46% |
Reliance Industries Ltd Share: Last 5 Years’ Financial Condition
Last 5 Years’ Sales:
| 2020 | ₹ 596,679 Cr |
| 2021 | ₹ 466,307 Cr |
| 2022 | ₹ 694,673 Cr |
| 2023 | ₹ 876,396 Cr |
| 2024 | ₹ 925,289 Cr |
Last 5 Years’ Net Profit:
| 2020 | ₹ 39,880 Cr |
| 2021 | ₹ 53,739 Cr |
| 2022 | ₹ 67,845 Cr |
| 2023 | ₹ 74,088 Cr |
| 2024 | ₹ 78,207 Cr |
Conclusion
The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience, and various technical analyses.
Also, we’ve talked in depth about the shares’ prospects and growth possibilities.
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