Morgan Stanley<\/a> has maintained overweight rating on Reliance Industries with a target price of Rs 1,801. Shares of Reliance Industries ended up 1.5 per cent at Rs 1,787.50 on Friday while the BSE sensex<\/a> closed 177.72 points up (+0.50 per cent) at 36,021.42.

Reliance Industries Ltd.<\/a>, incorporated in 1973, has a market cap of Rs 1208950.03 crore.

Investment Rationale<\/b>

The recommendation follows the investment of $252 million by Intel Capital for 0.39 per cent stake in Jio Platforms. This investment values Jio Platforms at $68.8 billion-,along similar lines as the recently announced stake sale, said Morgan Stanley. Multiple catalysts are in play with faster than expected de-leveraging, improving demand and margin outlook on refining and chemicals, top quartile earnings CAGR of 23 per cent over FY20-23,and digtisation, supporting multiples, the brokerage said.

Quarterly Results<\/strong>
\"\"
<\/span><\/figcaption><\/figure>Source: ETMarkets.com<\/em><\/strong>

Financials<\/b>

For the quarter ended March 31, 2020, the company reported consolidated sales of Rs 136240.00 crore, down -11.06 per cent from last quarter sales of Rs 153179.00 crore and down -2.40 per cent from last year's same quarter sales of Rs 139590.00 crore. The company has reported net profit after tax of Rs 6575.00 crore in the latest quarter.

Promoter\/FII Holdings<\/b>

Promoters held 49.15 per cent stake in the company as of June 11, 2020 while FIIs held 24.17 per cent, DIIs held 13.37 per cent and public & others 13.31 per cent.<\/body>","next_sibling":[{"msid":76805748,"title":"France won't ban Huawei, but encouraging 5G telcos to avoid it: Report","entity_type":"ARTICLE","link":"\/news\/france-wont-ban-huawei-but-encouraging-5g-telcos-to-avoid-it-report\/76805748","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"76805569","title":"stock","entity_type":"IMAGES","seopath":"markets\/stocks\/recos\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley\/stock","category_name":"Overweight on Reliance Industries, target price Rs 1,801: Morgan Stanley ","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-198498\/76805569.cms?width=150&height=112","link":"\/image\/markets\/stocks\/recos\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley\/stock\/76805569"}],"msid":76805777,"entity_type":"ARTICLE","title":"Overweight on Reliance Industries, target price Rs 1,801: Morgan Stanley ","synopsis":"The recommendation follows the investment of $252 million by Intel Capital for 0.39 per cent stake in Jio Platforms. ","titleseo":"telecomnews\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ETMarkets.com","artdate":"2020-07-06 08:22:19","lastupd":"2020-07-06 08:22:47","breadcrumbTags":["Reliance Industries share price","Reliance Industries Ltd.","markets","sensex","Industry","Morgan Stanley","Nifty","buy-sell"],"secinfo":{"seolocation":"telecomnews\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-07-06" data-index="article_1">

超重的信实工业,目标价Rs 1801:摩根士丹利(Morgan Stanley)

建议遵循由英特尔资本投资2.52亿美元0.39%的股份Jio平台。

  • 更新于2020年7月6日凌晨08:22坚持
摩根士丹利(Morgan Stanley)信实工业一直保持超重评级,目标价1801卢比。信实工业公司的股价周五收升1.5%,报1787 .50 Rs,疯牛病sensex收177.72点(+ 0.50%)在36021点。

信实工业有限公司1973年成立基金的市值1208950.03卢比。

投资的基本原理

建议遵循由英特尔资本投资2.52亿美元0.39%的股份Jio平台。这项投资价值Jio平台——688亿美元,类似最近宣布出售股份,摩根士丹利(Morgan Stanley)说。多个催化剂是玩比预期更快的去杠杆化,需求和利润前景改善炼油和化工,最高四分位数收入23%的复合年增长率FY20-23, digtisation,支持倍数,经纪公司说。

广告
季度业绩
来源:ETMarkets.com

金融类股

本季度结束2020年3月31日,该公司公布统一的销售136240.00卢比,较上季度下降-11.06%的销售153179.00卢比,较去年减少-2.40%的同期139590.00卢比的销售。该公司报告了税后净利润在最新的季度6575.00卢比。

启动子/造成控股

发起人持有该公司49.15%的股份6月11日,2020年造成了24.17%,公众持有13.37%,dii &其他13.31%。
  • 发布于2020年7月6日凌晨08:22坚持
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Morgan Stanley<\/a> has maintained overweight rating on Reliance Industries with a target price of Rs 1,801. Shares of Reliance Industries ended up 1.5 per cent at Rs 1,787.50 on Friday while the BSE sensex<\/a> closed 177.72 points up (+0.50 per cent) at 36,021.42.

Reliance Industries Ltd.<\/a>, incorporated in 1973, has a market cap of Rs 1208950.03 crore.

Investment Rationale<\/b>

The recommendation follows the investment of $252 million by Intel Capital for 0.39 per cent stake in Jio Platforms. This investment values Jio Platforms at $68.8 billion-,along similar lines as the recently announced stake sale, said Morgan Stanley. Multiple catalysts are in play with faster than expected de-leveraging, improving demand and margin outlook on refining and chemicals, top quartile earnings CAGR of 23 per cent over FY20-23,and digtisation, supporting multiples, the brokerage said.

Quarterly Results<\/strong>
\"\"
<\/span><\/figcaption><\/figure>Source: ETMarkets.com<\/em><\/strong>

Financials<\/b>

For the quarter ended March 31, 2020, the company reported consolidated sales of Rs 136240.00 crore, down -11.06 per cent from last quarter sales of Rs 153179.00 crore and down -2.40 per cent from last year's same quarter sales of Rs 139590.00 crore. The company has reported net profit after tax of Rs 6575.00 crore in the latest quarter.

Promoter\/FII Holdings<\/b>

Promoters held 49.15 per cent stake in the company as of June 11, 2020 while FIIs held 24.17 per cent, DIIs held 13.37 per cent and public & others 13.31 per cent.<\/body>","next_sibling":[{"msid":76805748,"title":"France won't ban Huawei, but encouraging 5G telcos to avoid it: Report","entity_type":"ARTICLE","link":"\/news\/france-wont-ban-huawei-but-encouraging-5g-telcos-to-avoid-it-report\/76805748","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"76805569","title":"stock","entity_type":"IMAGES","seopath":"markets\/stocks\/recos\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley\/stock","category_name":"Overweight on Reliance Industries, target price Rs 1,801: Morgan Stanley ","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-198498\/76805569.cms?width=150&height=112","link":"\/image\/markets\/stocks\/recos\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley\/stock\/76805569"}],"msid":76805777,"entity_type":"ARTICLE","title":"Overweight on Reliance Industries, target price Rs 1,801: Morgan Stanley ","synopsis":"The recommendation follows the investment of $252 million by Intel Capital for 0.39 per cent stake in Jio Platforms. ","titleseo":"telecomnews\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ETMarkets.com","artdate":"2020-07-06 08:22:19","lastupd":"2020-07-06 08:22:47","breadcrumbTags":["Reliance Industries share price","Reliance Industries Ltd.","markets","sensex","Industry","Morgan Stanley","Nifty","buy-sell"],"secinfo":{"seolocation":"telecomnews\/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley"}}" data-news_link="//www.iser-br.com/news/overweight-on-reliance-industries-target-price-rs-1801-morgan-stanley/76805777">