With a recurrent theme transformational initiatives at Reliance, corporate honcho and RIL chief Mukhesh Ambani addressed the company’s 37th Annual General Meeting on Friday.
With a recurrent theme transformational initiatives at Reliance , corporate honcho and RIL chief Mukhesh Ambani addressed the company’s 37th Annual General Meeting on Friday. ( Here are the key takeaways )
Declaring that the company will go debt-free in on a net basis in the current 2011-12 fiscal, India’s poster boy company also announced a huge 80% dividend for its shareholders.
For a detailed read of the Reliance Chairman’s statement, click on the attachment.
Read between the lines: Here's what experts say of the AGM
To read the full report click here
Reliance stock price
On April 24, 2015, Reliance Industries closed at Rs 879.40, up Rs 2.40, or 0.27 percent. The 52-week high of the share was Rs 1142.50 and the 52-week low was Rs 796.75.
The company's trailing 12-month (TTM) EPS was at Rs 70.20 per share as per the quarter ended March 2015. The stock's price-to-earnings (P/E) ratio was 12.53. The latest book value of the company is Rs 609.00 per share. At current value, the price-to-book value of the company is 1.44.
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