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Reliance Industries Limited is currently in a long term uptrend where the price is trading 3.7% above its 200 day moving average.
From a valuation standpoint, the stock is 55.1% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.9.
Reliance Industries Limited's total revenue sank by 24.8% to $1T since the same quarter in the previous year.
Its net income has increased by 12.6% to $131B since the same quarter in the previous year.
Finally, its free cash flow fell by 124.6% to $-123B since the same quarter in the previous year.
Based on the above factors, Reliance Industries Limited gets an overall score of 3/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
ISIN | INE002A01018 |
Sector | Energy |
Industry | Oil & Gas Refining & Marketing |
Market Cap | 18T |
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Dividend Yield | 0.4% |
PE Ratio | 25.45 |
Target Price | 1547.0588 |
Beta | 0.57 |
Reliance Industries Limited engages in hydrocarbon exploration and production, oil and chemicals, textile, retail, digital, material and composites, renewables, and financial services businesses worldwide. It operates through Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others segments. The company produces and markets petroleum products, such as liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosene oil, diesel, sulphur, and petroleum coke. It also provides petrochemicals, including high-density and low-density polyethylene (PE), linear low-density PE, polyester fibers and yarns, polypropylene, polyvinyl chloride, purified terephthalic acid, ethylene glycols and oxide, paraxylene, ortho xylene, benzene, linear alkyl benzene and paraffin, poly butadiene rubber, styrene butadiene rubber, butyl rubber, and polyethylene terephthalate. In addition, the company manufactures and markets yarns, fabrics, apparel, and auto furnishings; explores, develops, and produces crude oil and natural gas; and operates various stores comprising neighborhood, supermarket, hypermarket, wholesale cash and carry, specialty, online stores, as well as stores that offer apparel, beauty and cosmetics, accessories, footwear, consumer electronics, connectivity products, and others. Further, the company provides range of digital television, gaming, broadband, and telecommunication services under the Jio brand name; and non-banking financial and insurance broking services. Additionally, it operates news and entertainment platforms, and Network18 and television channels; publishes magazines; and offers highway hospitality and fleet management services. The company was founded in 1957 and is based in Mumbai, India.
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