\"\"CLSA<\/a> said continued GRM strength may drive Reliance Industries<\/a> (RIL) EPS upgrades. Reports suggest RIL has started offering Jio's 4G services to its employees as part of an extensive beta testing of its network. This indicates that we may be getting close to a formal launch for Jio within the next few months even if the Dec'15 deadline is missed. This will be a key trigger and the stock is expected to rise 19% upside by March 2017.
\n
The brokerage said among the investment risks delay in
commissioning<\/a> of key downstream<\/a> expansion<\/a> and launch of the telecom venture beyond FY16 or a highly unsuccessful launch of telecom will be negative. Fall in refining and petchem margins, a lower crude price, falling US gas price and no approval for a gas-price premium for Reliance's deepwater discoveries are core operational risks.
\n
\nCLSA said bottom-up tracker for Reliance's GRM suggests a $0.9\/bbl QoQ rise, which will take 3QFY16 GRM to $11.5\/bbl - a fresh seven-year high. This along with a 2% QoQ rise in thruput should allow the quarterly refining Ebit to rise above $1bn, 22% QoQ for the first time in Reliance's history. Ebitda should rise 19% QoQ to Rs7360 crore.\n\n<\/body>","next_sibling":[{"msid":50042791,"title":"Micromax Canvas Pace 4G Q416 up for grabs at Rs 6,821","entity_type":"ARTICLE","link":"\/news\/micromax-canvas-pace-4g-q416-up-for-grabs-at-rs-6821\/50042791","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":50042806,"entity_type":"ARTICLE","title":"GRM strength may drive Reliance Industries EPS upgrades","synopsis":"Reports suggest RIL has started offering Jio's 4G services to its employees as part of an extensive beta testing of its network. GRM strength may lift RIL EPS.","titleseo":"telecomnews\/grm-strength-may-drive-reliance-industries-eps-upgrades","status":"ACTIVE","authors":[{"author_name":"Biswajit Baruah","author_link":"\/author\/479229259\/biswajit-baruah","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479229259.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479229259,"author_name":"Biswajit Baruah","author_seo_name":"biswajit-baruah","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2015-12-04 16:27:37","lastupd":"2015-12-04 16:30:06","breadcrumbTags":["industry","policy","expansion","CLSA","Reliance Industries","commissioning","Downstream"],"secinfo":{"seolocation":"telecomnews\/grm-strength-may-drive-reliance-industries-eps-upgrades"}}" data-authors="[" biswajit baruah"]" data-category-name="" data-category_id="" data-date="2015-12-04" data-index="article_1">

GRM优势可能驱动信实工业EPS升级

报告显示瑞来斯已经开始向其员工提供Jio的4 g服务作为一个广泛的网络的测试。GRM优势可能解除瑞来斯EPS。

Biswajit约纳利
  • 2015年12月4日更新是04:30点
里昂证券(CLSA)说继续GRM强度可能开车信实工业公司(瑞来斯)EPS升级。报告显示瑞来斯已经开始向其员工提供Jio的4 g服务作为一个广泛的网络的测试。这表明我们可能接近正式推出Jio在接下来的几个月即使最后期限过了12月的15日。这将是一个关键的触发和股票上涨到2017年3月预计将增长19%。

投资风险之间的经纪说延迟调试的关键下游 扩张和发射的电信企业超越FY16或高度成功推出电信将是负的。炼油和petchem利润率下降,原油价格更低,美国天然气价格下降和没有批准天然气价格溢价信实的深海发现核心操作风险。

里昂证券表示,自底向上追踪信实的克建议增加0.9美元/桶,不可小觑,将3 qfy16 GRM至11.5美元/桶,七年新高。这与解题能力不可小觑上升2%应该允许季度炼油息税前获利将超过10亿美元,22%依赖历史上首次不可小觑。息税前利润应增长19%不可小觑Rs7360卢比。
  • 发布于2015年12月4日下午04:27坚持

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\"\"CLSA<\/a> said continued GRM strength may drive Reliance Industries<\/a> (RIL) EPS upgrades. Reports suggest RIL has started offering Jio's 4G services to its employees as part of an extensive beta testing of its network. This indicates that we may be getting close to a formal launch for Jio within the next few months even if the Dec'15 deadline is missed. This will be a key trigger and the stock is expected to rise 19% upside by March 2017.
\n
The brokerage said among the investment risks delay in
commissioning<\/a> of key downstream<\/a> expansion<\/a> and launch of the telecom venture beyond FY16 or a highly unsuccessful launch of telecom will be negative. Fall in refining and petchem margins, a lower crude price, falling US gas price and no approval for a gas-price premium for Reliance's deepwater discoveries are core operational risks.
\n
\nCLSA said bottom-up tracker for Reliance's GRM suggests a $0.9\/bbl QoQ rise, which will take 3QFY16 GRM to $11.5\/bbl - a fresh seven-year high. This along with a 2% QoQ rise in thruput should allow the quarterly refining Ebit to rise above $1bn, 22% QoQ for the first time in Reliance's history. Ebitda should rise 19% QoQ to Rs7360 crore.\n\n<\/body>","next_sibling":[{"msid":50042791,"title":"Micromax Canvas Pace 4G Q416 up for grabs at Rs 6,821","entity_type":"ARTICLE","link":"\/news\/micromax-canvas-pace-4g-q416-up-for-grabs-at-rs-6821\/50042791","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":50042806,"entity_type":"ARTICLE","title":"GRM strength may drive Reliance Industries EPS upgrades","synopsis":"Reports suggest RIL has started offering Jio's 4G services to its employees as part of an extensive beta testing of its network. GRM strength may lift RIL EPS.","titleseo":"telecomnews\/grm-strength-may-drive-reliance-industries-eps-upgrades","status":"ACTIVE","authors":[{"author_name":"Biswajit Baruah","author_link":"\/author\/479229259\/biswajit-baruah","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479229259.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":479229259,"author_name":"Biswajit Baruah","author_seo_name":"biswajit-baruah","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2015-12-04 16:27:37","lastupd":"2015-12-04 16:30:06","breadcrumbTags":["industry","policy","expansion","CLSA","Reliance Industries","commissioning","Downstream"],"secinfo":{"seolocation":"telecomnews\/grm-strength-may-drive-reliance-industries-eps-upgrades"}}" data-news_link="//www.iser-br.com/news/grm-strength-may-drive-reliance-industries-eps-upgrades/50042806">