External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<div><ul><li>Standalone oil to chemicals (O2C) segment: <span style="font-size: var(--content-font-size);">Revenue grew 53% YoY to INR </span><span style="font-size: var(--content-font-size);">1,370bn, primarily due to improved realisation, led by increase in oil prices </span><span style="font-size: var(--content-font-size);">and higher volumes. </span></li><li>Oil &amp; gas: <span style="font-size: var(--content-font-size);">Revenue grew ~4x YoY to INR 20bn and EBITDA improved ~5x </span><span style="font-size: var(--content-font-size);">YoY to INR 15bn, driven by sharp improvement in price realisaton and stable </span><span style="font-size: var(--content-font-size);">production from the KG D6 block.</span></li><li>RJPL: Revenue improved to INR 261bn (+21% YoY, +8% QoQ) due to increase in ARPU to INR 168 (+21% YoY, +11% QoQ).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p></div>

Standalone oil to chemicals (O2C) segment: Revenue grew 53% YoY to INR 1,370bn, primarily due to improved realisation, led by increase in oil prices and higher volumes. Oil &amp; gas: Revenue grew ~4x YoY to INR 20bn and EBITDA improved ~5x YoY to INR 15bn, driven by sharp improvement in price realisaton and stable production from the KG D6 block.RJPL: Revenue improved to INR 261bn (+21% YoY, +8% QoQ) due to increase in ARPU to INR 168 (+21% YoY, +11% QoQ).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Results Review Q4FY22 - Reliance Industries

<div><div><div><ul><li>Reliance Industries: Our ADD rating on Reliance Industries (RIL) with a price target of INR 2,825/sh is premised on (1) recovery in the O2C businesses; (2) continued EBITDA growth in the digital business, driven by improvement in ARPU, subscriber addition, and new revenue streams; and (3) potential for further value unlocking in the digital and retail businesses.</li></ul><div><div><div><ul><li>Tata Power: During Q4FY22, Tata Power completed the merger of Mundra into its standalone business and also secured the extension of mining lease in KPC for 10 years.</li></ul><div><div><div><ul><li>Federal Bank: Federal Bank’s (FB) Q4FY22 earnings missed our estimates, largely on account of accelerated absorption of family pension expenses, but these were partly offset by multi-quarter low credit costs (20bps).</li></ul></div></div></div></div></div></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Reliance Industries: Our ADD rating on Reliance Industries (RIL) with a price target of INR 2,825/sh is premised on (1) recovery in the O2C businesses; (2) continued EBITDA growth in the digital business, driven by improvement in ARPU, subscriber addition, and new revenue streams; and (3) potential for further value unlocking in the digital and retail businesses.Tata Power: During Q4FY22, Tata Power completed the merger of Mundra into its standalone business and also secured the extension of mining lease in KPC for 10 years.Federal Bank: Federal Bank’s (FB) Q4FY22 earnings missed our estimates, largely on account of accelerated absorption of family pension expenses, but these were partly offset by multi-quarter low credit costs (20bps).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HSIE Results Daily: Reliance Industries, Tata Power, Federal Bank, DCB Bank

<div><ul><li>Standalone oil to chemicals (O2C) segment: <span style="font-size: var(--content-font-size);">1,370bn, primarily due to improved realisation, led by increase in oil prices </span><span style="font-size: var(--content-font-size);">Revenue grew 53% YoY to INR and higher volumes</span></li><li><span style="font-size: var(--content-font-size);"><span style="font-size: var(--content-font-size);">Oil &amp; gas: </span></span><span style="font-size: var(--content-font-size);">Revenue grew ~4x YoY to INR 20bn and EBITDA improved ~5x </span><span style="font-size: var(--content-font-size);">YoY to INR 15bn, driven by sharp improvement in price realisaton and stable </span><span style="font-size: var(--content-font-size);">production from the KG D6 block.</span></li></ul><div><div><div><div><div><div></div></div></div></div></div></div><ul><li>RJPL: Revenue improved to INR 261bn (+21% YoY, +8% QoQ) due to increase in ARPU to INR 168 (+21% YoY, +11% QoQ).</li></ul></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Standalone oil to chemicals (O2C) segment: 1,370bn, primarily due to improved realisation, led by increase in oil prices Revenue grew 53% YoY to INR and higher volumesOil &amp; gas: Revenue grew ~4x YoY to INR 20bn and EBITDA improved ~5x YoY to INR 15bn, driven by sharp improvement in price realisaton and stable production from the KG D6 block.RJPL: Revenue improved to INR 261bn (+21% YoY, +8% QoQ) due to increase in ARPU to INR 168 (+21% YoY, +11% QoQ).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Reliance Industries - Energy Business Outlook Sanguine. Maintain ADD.

<div><div><ul><li>Standalone oil to chemicals (O2C) segment: R<span style="font-size: var(--content-font-size);">evenue grew 53% YoY to INR </span><span style="font-size: var(--content-font-size);">1,370bn, primarily due to improved realisation, led by increase in oil prices </span><span style="font-size: var(--content-font-size);">and higher volumes.</span></li><li>Oil &amp; gas: Revenue grew ~4x YoY to INR 20bn and EBITDA improved ~5x <div><div><div><p>YoY to INR 15bn, driven by sharp improvement in price realisaton and stable <span style="font-size: var(--content-font-size);">production from the KG D6 block.</span></p></div></div></div></li></ul></div><div><div><div><ul><li>RJPL: Revenue improved to INR 261bn (+21% YoY, +8% QoQ) due to increase in ARPU to INR 168 (+21% YoY, +11% QoQ).</li></ul></div></div></div></div><div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Standalone oil to chemicals (O2C) segment: Revenue grew 53% YoY to INR 1,370bn, primarily due to improved realisation, led by increase in oil prices and higher volumes.Oil &amp; gas: Revenue grew ~4x YoY to INR 20bn and EBITDA improved ~5x YoY to INR 15bn, driven by sharp improvement in price realisaton and stable production from the KG D6 block.RJPL: Revenue improved to INR 261bn (+21% YoY, +8% QoQ) due to increase in ARPU to INR 168 (+21% YoY, +11% QoQ).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Reliance Industries - Energy Business Outlook Sanguine

<p>RIL reported standalone revenue of INR 1,112bn (+81% YoY; +15% QoQ) and EBITDA of INR 139bn, (+60% YoY; +12% QoQ), 3% below our estimates in Q3. Standalone APAT was at INR 102bn (+18% YoY, +10% QoQ; HSIE:INR 113bn).</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

RIL reported standalone revenue of INR 1,112bn (+81% YoY; +15% QoQ) and EBITDA of INR 139bn, (+60% YoY; +12% QoQ), 3% below our estimates in Q3. Standalone APAT was at INR 102bn (+18% YoY, +10% QoQ; HSIE:INR 113bn).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Reliance Industries (Results Review 3QFY22): Growth in all segments. Maintain ADD

India

Reliance Industries is an Indian multinational conglomerate with diverse businesses including energy, petrochemicals, oil and gas exploration, telecommunications (Jio), and retail (Reliance Retail). The company is a major producer of petroleum products and a significant player in digital services and consumer goods. Reliance Industries is headquartered in Mumbai, India, and was founded in 1958.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Reliance Industries (RELIANCE IN)

Results Review Q4FY22 - Reliance Industries

Standalone oil to chemicals (O2C) segment: Revenue grew 53% YoY to INR 1,370bn, primarily due to improved realisation, led by increase in oil...

HDFC Securities

HSIE Results Daily: Reliance Industries, Tata Power, Federal Bank, DCB Bank

RIL reported standalone revenue of INR 1,295bn (+61% YoY; +16% QoQ) and EBITDA of INR 146bn, (+43% YoY; +11% QoQ), 3% below our estimates in Q4.

HDFC Securities

Reliance Industries - Energy Business Outlook Sanguine. Maintain ADD.

RIL reported standalone revenue of INR 1,295bn (+61% YoY; +16% QoQ) and EBITDA of INR 146bn, (+43% YoY; +11% QoQ), 3% below our estimates in Q4.

HDFC Securities

Reliance Industries - Energy Business Outlook Sanguine

RIL reported standalone revenue of INR 1,295bn (+61% YoY; +16% QoQ) and EBITDA of INR 146bn, (+43% YoY; +11% QoQ), 3% below our estimates in Q4

HDFC Securities

Reliance Industries (Results Review 3QFY22): Growth in all segments. Maintain ADD

RIL reported standalone revenue of INR 1,112bn (+81% YoY; +15% QoQ) and EBITDA of INR 139bn, (+60% YoY; +12% QoQ), 3% below our estimates in Q3....

HDFC Securities

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)