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    RELIANCE   INE002A01018

RELIANCE INDUSTRIES LTD

(RELIANCE)
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Delayed NSE India Stock Exchange  -  07:29 2022-09-27 am EDT
2396.25 INR   +0.80%
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India's Reliance Retail Ventures to issue 3-month CP - traders

08/08/2022 | 06:44am EDT

MUMBAI, Aug 8 (Reuters) - India's Reliance Retail Ventures plans to raise funds selling commercial papers maturing in three months, two merchant bankers said on Monday.

The company, a unit of Reliance Industries Ltd, will offer a yield of 5.92% on the issue and has received commitments worth around 5 billion rupees ($62.76 million), according to the bankers.

The notes are rated A1+ by CRISIL.

($1 = 79.6640 Indian rupees) (Reporting by Dharamraj Lalit Dhutia; Editing by Shounak Dasgupta)


© Reuters 2022
All news about RELIANCE INDUSTRIES LTD
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Analyst Recommendations on RELIANCE INDUSTRIES LTD
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Financials
Sales 2023 8 996 B 110 B 110 B
Net income 2023 780 B 9 554 M 9 554 M
Net Debt 2023 1 375 B 16 840 M 16 840 M
P/E ratio 2023 20,7x
Yield 2023 0,42%
Capitalization 15 222 B 186 B 186 B
EV / Sales 2023 1,84x
EV / Sales 2024 1,78x
Nbr of Employees 342 982
Free-Float 50,4%
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Technical analysis trends RELIANCE INDUSTRIES LTD
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 34
Last Close Price 2 396,25 INR
Average target price 2 884,50 INR
Spread / Average Target 20,4%
EPS Revisions
Managers and Directors
Mukesh Dhirubhai Ambani Chairman & Managing Director
Srikanth Venkatachari Joint Chief Financial Officer
Alok Agarwal Joint Chief Financial Officer
Savithri Parekh Secretary & Compliance Officer
Adil Siraj Zainulbhai Independent Non-Executive Director
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