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1 Comment
Reliance Infrastructure Limited is currently in a long term uptrend where the price is trading 101.1% above its 200 day moving average.
From a valuation standpoint, the stock is 97.8% cheaper than other stocks from the Utilities sector with a price to sales ratio of 0.1.
Reliance Infrastructure Limited's total revenue sank by 3.1% to $38B since the same quarter in the previous year.
Its net income has dropped by 76.8% to $801M since the same quarter in the previous year.
Finally, its free cash flow fell by 60.9% to $9B since the same quarter in the previous year.
Based on the above factors, Reliance Infrastructure Limited gets an overall score of 2/5.
Industry | Utilities-Regulated Electric |
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Sector | Utilities |
ISIN | INE036A01016 |
CurrencyCode | INR |
Exchange | NSE |
Market Cap | 58B |
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Dividend Yield | 0.0% |
Target Price | None |
Beta | 1.64 |
PE Ratio | None |
Reliance Infrastructure Limited, an infrastructure company, generates, transmits, and distributes electrical power to residential, industrial, commercial, and other consumers in India. It operates through three segments: Power; Engineering and Construction (E&C); and Infrastructure. The Power segment operates a 220 MW combined cycle power plant at Samalkot; 48 MW combined cycle power plant at Mormugao; and 9.39 MW wind farm at Chitradurga. This segment also distribute power in Delhi; operates a 165 MW combined cycle power plant at Kochi; transmits power through its transmission networks in the states of Himachal Pradesh; and trades in power. The E&C segment offers value added services in construction, erection, commissioning, and contracting. The Infrastructure segment engages in the development, operation, and maintenance of toll roads, metro rail transit system, and airports. The company is involved in the exploration and production of 4 coal bed methane blocks covering an area of 3,266 square kilometers in Madhya Pradesh, Andhra Pradesh, and Rajasthan; an oil and gas block covering an area of 3,619 square kilometers in Mizoram; and rehabilitation and upgradation of NH-66. In addition, it manufactures cement and defense systems; constructs smart city projects; and develops real estate and urban transport systems. Reliance Infrastructure Limited was incorporated in 1929 and is based in Mumbai, India.
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