Reliance Industries: A Resilient Giant in India's Private Sector
Reliance Industries (RELIANCE ), India’s largest private sector company, is a diversified giant with a strong presence in hydrocarbon exploration, refining, petrochemicals, renewables, retail, and digital services. With a market capitalization of ₹17,00,478 Cr., it holds a price of ₹1247.9, reflecting stability despite market fluctuations. Its 52-week range stands between ₹1,156 and ₹1,609. RIL's P/E ratio of 24.4 is higher than the sector’s average of 16.66, while its P/B ratio of 2.06 and dividend yield of 0.8%. With a steady ROE of 8.77%, RIL continues to be a resilient stock in India's growing economy.
Disclaimer:
This post is for informational purposes only and does not constitute investment advice.
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