Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Refining & Marketing

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.

Revenue projections:

Revenue projections for RELIANCE
Revenue projections for RELIANCE

Reliance Industries Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 0.000000
forwardPE 18.115637
debtToEquity 35.651000
earningsGrowth 0.006000
revenueGrowth 0.104000
grossMargins 0.357770
operatingMargins 0.118520
trailingEps 59.750000
forwardEps 73.295800

RELIANCE's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
RELIANCE's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that RELIANCE is likely to outperform its previous year's financial performance.

Price projections:

Price projections for RELIANCE
Price projections for RELIANCE

Over time, price projections for Reliance Industries Limited have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for Reliance Industries Limited's continued growth.

Insider Transactions:

Insider Transactions for RELIANCE
Insider Transactions for RELIANCE


3 transactions were made to sell Reliance Industries Limited shares, with market price of 1399.3000081380208.RELIANCE had 1 buy transactions while market price was at 1419.5999755859375 per share.RELIANCE's current price levels have seen more selling than buying, which may indicate potential for further decline. If this trend continues, the stock could experience additional price drops, as selling pressure grows.

Recommendation changes over time:

Recommendations trend for RELIANCE
Recommendations trend for RELIANCE


Analysts have maintained a buy bias for RELIANCE, which could prompt investors to consider the stock as a viable investment. With this positive outlook, RELIANCE is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.