Commissioning of multiple petrochem, refining projects likely to improve operating profit.
RIL, which owns the world's largest refinery complex, will declare its Q4 results today.
Dividend yield at 0.7% Indicates index valuation may be running ahead of the fundamentals.
24-month flow of domestic funds is greater than the FPI flow for the 1st time since Oct 2010.
The company will also benefit once it merges ONGC Mangalore Petrochemicals with itself.
Co to raise the share of biz to 20% of the total farm equipment services income by FY19.
Lower demand and rising prices of crude could be a challenge; Oil PSUs are expected to see lower growth in the March quarter earnings.
The company bagged orders worth Rs 16,000 crore in FY17, higher than the analyst expectation of Rs 11,000-13,000 crore. It was the second year in a row when order inflow was higher than estimates.
The car penetration in India at nearly 28 per 1,000 persons is closer to an inflection point. Besides, the demand from government employees has been robust.
Jio added 100 million subscribers in the record time and was able to retain 72% of the total subscribers which will turn payee from July.
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