Reliance Industries (Q2FY24): Robust Earnings from Energy Businesses.
Our ADD rating on Reliance Industries (RIL) with a price target of INR 2,515/sh is premised on (1) recovery in the O2C businesses, (2) EBITDA...
212 Views
Reliance Industries - Tear Sheet - Lucror Analytics
We view Reliance Industries (RIL) as "Low Risk" on the LARA scale. This is driven by the company's: [1] large scale, leading position and...
365 Views
Reliance Industries (Q1FY24): Muted O2C Performance. Maintain ADD
RIL’s consolidated EBITDA at INR 381bn (+1% YoY, -1% QoQ, HSIE: INR 382bn) and APAT at INR 160bn (-11% YoY, -17% QoQ) came in below our estimates
199 Views
Nexus Select Trust IPO Lockup Expiry - US$1.5bn Stake Comes Free. Will Likely Be a Coordinated Exit
Nexus Select Trust (NST IN) raised around US$391m in its India IPO in May 2023. The company's pre-IPO shareholders will be released from their...
127 Views
Vodafone Idea Placement - Very Well Flagged but Its Not Going to Fix a Whole Lot of Issues
Vodafone Idea (IDEA IN) plans to raise around US$2.2bn via a follow-on public offering. In this note, we talk about the deal dyanmics.
374 Views