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 revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 1.100000
forwardPE 23.228283
debtToEquity 35.651000
earningsGrowth 0.096000
revenueGrowth 0.100000
grossMargins 0.360440
operatingMargins 0.123590
trailingEps 61.430000
forwardEps 71.850000

The current ratio for RELIANCE is 1.1, indicating that the company can service its short-term debt using available cash and assets. This suggests RELIANCE has strong liquidity, with more than enough resources to meet its immediate financial commitments.
With RELIANCE's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases.
With a forward EPS greater than its trailing EPS, Reliance Industries Limited is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.

Price projections:

Price projections for RELIANCE
Price projections for RELIANCE

Reliance Industries Limited's price projections have steadily risen over time, pointing to increasing optimism about the company's prospects. This upward revision suggests that analysts expect Reliance Industries Limited to continue delivering solid performance in the future.

Insider Transactions:

Insider Transactions for RELIANCE
Insider Transactions for RELIANCE


There were 2 RELIANCE stock sales, with market price at 1389.1500244140625.No sell transactions occurred during the period under consideration.RELIANCE's current price levels are seeing more buying activity than selling, which might indicate a bullish sentiment. Investors appear to be confident, interpreting the buying trend as a sign of positive expectations for the stock's future performance.

Recommendation changes over time:

Recommendations trend for RELIANCE
Recommendations trend for RELIANCE


Analysts' buy bias for Reliance Industries Limited signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to Reliance Industries Limited, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.