Positional Call: Reliance Industries

Rudra Shares And Stock Brokers | May 29, 2019, 3:36 p.m.

Reliance Retail Segment’s Revenue for 4Q FY19 grew by 51.6% Y-o-Y to Rs 36663 crore as against Rs 24183 crore in the corresponding period of the previous year. Business PBDIT for 4Q FY19 grew by 77.1% Y-o-Y to Rs 1923 crore as against Rs 1086 crore in the corresponding period of the previous year. Revenue and profits recorded are highest ever by any retailer in India and highlights the unprecedented leadership level Reliance Retail has achieved. We value RIL by SOTP basis at a price target of Rs 1560.



blog comments powered by Disqus