Reliance Industries share price: Buy Reliance Industries, target price Rs 2430: Motilal Oswal

Motilal Oswal has buy call on Reliance Industries with a target price of Rs 2430. The current market price of Reliance Industries is Rs 2111.8. Time period given by analyst is one year when Reliance Industries price can reach defined target.

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1428419.42 Crore) operating in Diversified sector.


Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 158133.00 Crore, up 23.11 % from last quarter Total Income of Rs 128450.00 Crore and up 12.65 % from last year same quarter Total Income of Rs 140373.00 Crore. Company reported net profit after tax of Rs 14981.00 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 49.1 per cent stake in the company as of March 31, 2021, while FIIs held 27.8 per cent, DIIs 12.5 per cent and public and others 10.6 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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