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's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 20.957327
debtToEquity 35.651000
earningsGrowth 0.006000
revenueGrowth 0.104000
grossMargins 0.357770
operatingMargins 0.118520
trailingEps 61.540000
forwardEps 66.139160

Reliance Industries Limited's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
RELIANCE's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.

Price projections:

Price projections for RELIANCE
Price projections for RELIANCE

Over time, price projections for Reliance Industries Limited have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect Reliance Industries Limited to continue on a positive growth trajectory.

Insider Transactions:

Insider Transactions for RELIANCE
Insider Transactions for RELIANCE


2 RELIANCE shares were sold in recent transactions, with market price at 1389.1500244140625.No sell transactions were carried out during the period under review.The higher number of buys versus sells near RELIANCE's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.

Recommendation changes over time:

Recommendations trend for RELIANCE
Recommendations trend for RELIANCE


The recent buy bias for RELIANCE from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see RELIANCE as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.