Reliance multibagger stock research
Reliance multibagger stock research Company info- Reliance Industries Sector: Energy | Industry: Crude Oil & Natural Gas ko Reliance Industries BSE SENSEX 20 oct 2019 Update | Sector: Oil & Gas CMP: INR 1416 TP: INR 1,600 Company VISION:- RIL and Saudi Aramco have agreed to a non-binding letter of intent (LOI), wherein the latter may acquire a 20% stake in the ‘oil-to-chemicals’ division at an enterprise value of USD75b. Consumer business is expected to contribute 50% of RIL’s consolidated EBITDA soon (v/s 32% in FY19). Fiber business will be rolled out commercially pan-India starting Sep’19. The target is to become a ‘zero net-debt’ company in the next 18 months. It expects consolidated EBITDA growth of 15% for the next five years. Jio and Retail may be listed within the next five year. So reliance industry is the first indian company to have a market capitalization