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 July 30, 2014, at 13:05 hrs Reliance Industries was quoting at Rs 994.10, down Rs 11.2, or 1.11 percent. The 52-week high of the share was Rs 1142.50 and the 52-week low was Rs 765.00.
The company's trailing 12-month (TTM) EPS was at Rs 68.90 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 14.43. The latest book value of the company is Rs 609.40 per share. At current value, the price-to-book value of the company is 1.63.
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