Apr 21, 2017 12:25 PM IST
Gross refining margin during the quarter is expected to be at USD 10.90 a barrel against USD 10.80 a barrel in previous quarter.
- Jan 17, 2017 09:42 AM IST
Rohit Ahuja of Religare maintains a positive stance on Reliance Industries (RIL) after the company reported third quarter earnings Monday. Ahuja expects the earnings before interest and tax (EBIT) margins for the petrochemicals segment to improve to Rs 3,600 in the fourth quarter of FY17.
- Jan 16, 2017 08:08 PM IST
The company's net profits for the third quarter of current fiscal beat street expectations at Rs 8,802 crore. The gross refining margins (GRM) on the other hand, dissapointed at USD 10.80 per barrel.
- Jan 16, 2017 06:16 PM IST
SP Tulsian of sptulsian.com expects the stock to correct to about 2-3 percentage points in the next couple of days but does not expect it to fall substantially.
- Jan 16, 2017 09:39 AM IST
Petrochemical major Reliance Industries is expected to show eighth consecutive sequential jump in net profit on strong gross refining margin. Profit is seen rising nearly 2 percent quarter-on-quarter to Rs 7,850 crore, according to average of estimates of analysts polled by CNBC-TV18.
- Jan 12, 2017 01:22 PM IST
Net Sales are expected to increase by 7.6 percent Q-o-Q (up 13.3 percent Y-o-Y) to Rs 64098.2 crore, according to Motilal Oswal.
- Oct 21, 2016 09:47 AM IST
Speaking to CNBC-TV18, Jal Irani of Edelweiss Financial Services said that it has upgraded the company‘s target price by 10 percent to Rs 1,410 per share.
- Oct 20, 2016 07:21 PM IST
The company has shown better performance in terms of gross refining margins. Given the higher crude oil prices and their ability to source heavy duty crude at a lower price, the GRM in the third and fourth quarter should remain high, says Deven Choksey, Managing Director at KR Choksey Investment Managers.
- Oct 20, 2016 11:06 AM IST
Watch the interview of Sudeep Anand of IDBI Capital Markets & Securities with Latha Venkatesh and Sonia Shenoy on CNBC-TV18. He shared his expectations on Q2 FY17 numbers of Reliance Industries Ltd (RIL).
- Oct 19, 2016 04:57 PM IST
Petrochemical major Reliance Industries (RIL) is expected to report standalone profit at Rs 7,266 crore for July-September quarter against Rs 7,548 crore in preceding period, according to average of estimates of analysts polled by CNBC-TV18.
- Oct 19, 2016 11:59 AM IST
Net Sales are expected to decrease by 0.8 percent Q-o-Q (down 12.7 percent Y-o-Y) to Rs 53085.9 crore, according to Religare.
- Jul 18, 2016 01:22 PM IST
With maintaining buy rating, Goldman Sachs says it likes RIL's exposure to three themes - high refining complexity, high gasoline yield and organic earnings growth.
- Jul 18, 2016 09:19 AM IST
In an interview with CNBC-TV18, he said that operational performance of refining segment was much better and refining; petrochemical could see better times ahead.
- Jul 18, 2016 09:16 AM IST
A number of large companies have posted results since the earnings season started Thursday last week.
- Jul 15, 2016 09:58 PM IST
After consistently falling for
some quarters, the share of other income in Reliance
Industries' total net profit of Rs 7,113 crore in the June
quarter has substantially jumped to 34.5 per cent or Rs 2,378
- Jul 15, 2016 07:15 PM IST
The difference between Reliance Industries' (RIL) gross refining margins (GRM) at 11.5 percent was at a eight year high with the Singapore benchmark, CFO Alok Agarwal said.
- Jul 15, 2016 06:21 PM IST
Petrochemical business can grow further, said Prakash Diwan. Delayed launch of Reliance Jio is an overhang on the stock, he said. Market experts SP Tulsian, Deven Choksey and Sudip Bandopadhyay also weighed in on the results.
- Jul 15, 2016 03:22 PM IST
Sales are expected to decrease by 4 percent Q-o-Q (down 25 percent Y-o-Y) to Rs 57937.9 crore, according to KR Choksey.
- Jul 15, 2016 10:21 AM IST
The next trigger for the stock would be launch of Reliance Jio and the commentary on its expected performance, said Sudeep Anand of IDBI Capital Markets Services.
- Apr 25, 2016 09:49 PM IST
Gaurang Shah, vice president at Geojit BNP Paribas Financial Services, in an interview to CNBC-TV18, expressed his opinion on the upcoming results and expected impact on stock prices of companies like Maruti Suzuki, Axis Bank, ICICI Bank and few others.
- Apr 25, 2016 06:53 PM IST
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 spoke about the fundamentals of stocks and sectors like cement, sugar, Reliance Industries and quarterly earnings of IndiaBulls Real Estate, M&M Financials.
- Apr 25, 2016 11:23 AM IST
In an interview with CNBC-TV18, Abhishek Agarwal of Macquarie Securities said that he does not expect the stock of Reliance to see a sustained up move.
- Apr 22, 2016 07:41 PM IST
Below are the highlights of Reliance Industries 4th quarter earnings
- Apr 22, 2016 06:17 PM IST
Tulsian said his estimates for the refinery margin had been after taking into consideration an inventory loss of about Rs 260 crore. However, the earnings before interest and tax (EBIT) for this business hints that the inventory management has been quite good.
- Apr 22, 2016 06:07 PM IST
RIL's earnings were boosted mainly by petrochemical margins, reduction in tax liabilities and interest expenses, analysts on CNBC-TV18 say.