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

Investors may react cautiously to news that Reliance Industries Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 1.098000
forwardPE 18.789717
debtToEquity 36.653000
earningsGrowth -0.126000
revenueGrowth 0.125000
grossMargins 0.348610
operatingMargins 0.099750
trailingEps 59.680000
forwardEps 71.874420

RELIANCE's current ratio is 1.098, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as RELIANCE should not face any issues meeting its short-term liabilities with available resources.
RELIANCE's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
Reliance Industries Limited's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
RELIANCE's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
RELIANCE's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that RELIANCE is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.

Price projections:

Price projections for RELIANCE
Price projections for RELIANCE

RELIANCE's current price does not reveal any distinct risks or opportunities compared to its projections. This neutral assessment suggests stability, where investors might choose to retain their current positions until future developments warrant a reassessment.

Insider Transactions:

Insider Transactions for RELIANCE
Insider Transactions for RELIANCE


3 RELIANCE shares were sold in recent transactions, with market price at 1399.3000081380208.1 transactions to buy Reliance Industries Limited shares were recorded, with market price at 1419.5999755859375.With more selling than buying at RELIANCE's current price levels, there is a risk of further price decline. If this trend continues, it may suggest investor pessimism, leading to a continued downward trajectory for the stock.

Recommendation changes over time:

Recommendations trend for RELIANCE
Recommendations trend for RELIANCE


With analysts showing a buy bias for RELIANCE, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning RELIANCE as a safe and profitable place for investors to allocate their funds and seek growth.