3 Point Analysis | Reliance Industries Q4 Results

Reliance Industries, the country's largest listed company by
market cap has come out with its fourth-quarter numbers. The consolidated profit came at 6,348 crores in Q4 registering a decline of 45.5 percent sequentially. The bottom line was hit by a one-time loss of Rs 4,267 crore due to a fall in oil prices and demand destruction post-COVID-19, but healthy growth in Reliance Jio limited the profit decline.
Moneycontrol's Sakshi Batra does a 3-Point Analysis on Reliance Industries Q4 Results and other key announcements made by RIL

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

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[caharshitgupta]

One thing that everyone should keep in mind is money control is owned by Reliance industries Ltd.
How??
TV 18 one of the RIL's subsy owns Money Control.
Happy watching.

[durgasingh]

Salary cut is sufficiently explain the worseness in Reliance.
Actual fall may be seen in next Q1 results of companies. Than how this high price will be justified.

It is bad time for all.

[bhardwajanurag]

Expensive pricing for right issue...market price may come below right issue soon, keeping the covid conditions...not worth subscribing

[caharshitgupta]

One more thing i will comment is the Ril rights is similar to Avenue Supermart's right, wherein the market price of the share was increased through operators by the company and the right price was set below the market price so as to show that they were offering discount on market price.
Same is the story of Ril, see in next few days its price will fall down but not below 1257 because as you all know Ambaniji is mastermind.

[Laughing_Monkey]

Be fearful when others are greedy and greedy when others are fearful

[eprabhat]

If any interest in Reliance or its group companies, stop trusting moneycontrol or CNBC family of channels

[yuvaraj-ltmz]

share price was at 1200 rs just before few days. Its very expensive. Oil price slowdown is going to have impact for another 12 to 18 months. So there will not be much bounce back to normal in near time

[nipunkothari]

Pure professional and precise communication

[rajg]

Helo madam this result belongs to Jan to march...there was no lockdown ...

[derekdsouza]

Pfizer, Abbott and Nestle are gems forever

[indianminds]

RIL share price will be Rs 800-1000 within 3-6 months. Think before applying rights issue in it.
Save your money.

[GKHousingProperties]

Don't fall in Reliance rights issue trap.

[rajg]

Just for 8 days of lockdown in March ...hw can u say onetime loss...it is real loss

[omkarchiplunkar]

No much make up today, because of salary cut may be...

[indianminds]

Please ask Mr. Ambani to take Salary and leave dividend of RIL. Put all dividend into PM Relief Fund not in PM Care.
Do not make hipe of his salary forgo.

[rajg]

Price will come down to 1250 on Monday ...no need to participate in rights issue

[arashdeepsingh]

Mam you are so nice personality. I really like your personality

[chhatrapalparganiha]

Very good analysis and also money control is in reliance pocket as a investment

[sreenivasanmohan]

OMG no wonder the reliance stock price suddently increased with no reason, just go back and check the 1 month history

[theonlytruelight]

Reliance से बचिए .... जुलाई mein 700 ka milega ... अगर आपके पास है, तो बेचिए, अगले 3 साल में 1000 से ऊपर उठने का कोई मौका नहीं