Apr 22, 2016 12:54 PM IST
Sudeep Anand of IDBI Capital Markets and Prayesh Jain of IIFL, share their expectations on Reliance Industries Limited‘s (RIL) fourth quarter earnings.
- Apr 21, 2016 06:22 PM IST
During the quarter, petro chemical EBIT is likely to be down 1 percent at Rs 2620 crore against Rs 2639 crore on sequential basis. Refining EBIT may be 4 percent lower at Rs 6233 crore versus Rs 6491 crore (QoQ).
- Jan 20, 2016 01:00 PM IST
The brokerage has increased RIL's target price to Rs 1,270 per share post the third quarter earnings.
- Jan 20, 2016 09:47 AM IST
IIFL's Prayesh Jain tells CNBC-TV18 the earnings growth can be sustained on the back of three new projects
- Jan 19, 2016 05:22 PM IST
Reliance Industries put up a strong set of quarterly results, with both gross refining margins and petchem business coming ahead of many analysts' expectations.
- Jan 19, 2016 05:13 PM IST
Mayuresh Joshi of Angel Broking said the RIL's gross refining margins (GRMs) were in line with expectations while numbers of the refining business were ahead of expectations.
- Jan 19, 2016 03:14 PM IST
Reliance Industries Limited (RIL) will announce its earnings on Tuesday after market hours. In an interview to CNBC-TV18, Deven Choksey of KR Choksey Investment Managers, lists his expectations.
- Jan 19, 2016 10:18 AM IST
Analysts expect the company to beat expectations on GRM front. They see GRM at USD 12 a barrel for the quarter against USD 10.6 a barrel in preceding quarter and refining throughput 3 percent higher.
- Oct 16, 2015 06:08 PM IST
Mayuresh Joshi of Angel Broking reacted by saying it is a clear beat â€” exceptional set of numbers on the refining as well as on the petchem side
- Oct 16, 2015 09:28 AM IST
Gross refining margin (GRM) is likely to be at around USD 9-9.5 a barrel against USD 10.4 a barrel in previous quarter. Singapore GRM was USD 6.2 a barrel in September quarter against USD 8 a barrel in June quarter.
- Jul 27, 2015 09:01 AM IST
Reliance' first quarter standalone net profit rose by 1.2 percent quarter-on-quarter to Rs 6,318 crore compared to Rs 6,243 crore in March quarter.
- Jul 24, 2015 07:44 PM IST
Catch Alok Agarwal, chief financial officer, Reliance Industries detail the company's Q1 numbers.
- Jul 24, 2015 06:20 PM IST
The gross refining margin (GRM) of the petrochemical major surpassed street expectations, up 3 percent to hit a 6-year high of USD 10.40 a barrel in June quarter against USD 10.1 a barrel in previous quarter (USD 8.7 a barrel in Q1FY15).
- Jul 24, 2015 10:32 AM IST
The house is positive on the stock and would be a buyer in it with a target price of Rs 1150, says Sanjeev Panda, research analyst at Sharekhan.
- Jul 24, 2015 09:47 AM IST
Petrochemical major Reliance Industries is expected to report standalone net profit at Rs 6,350 crore in June quarter compared to Rs 6,243 crore in March quarter, according to the average of analysts polled by CNBC-TV18.
- Jul 09, 2015 11:00 AM IST
In an interview to CNBC-TV18, Nischal Maheshwari of Edelweiss, says capital goods and private banks will post stronger numbers while metals and cement Q1 results would be a drag on the market.
- Apr 17, 2015 04:43 PM IST
In an interview with CNBC-TV18‘s Menaka Doshi and Anuj Singhal, IIFL AVP â€“ Research Prayesh Jain, Destimoney President Prayesh Jain and Angel Broking Fund Manager Mayuresh Joshi discussed Reliance Industries fourth-quarter earnings.
- Apr 17, 2015 09:46 AM IST
Petrochemical major Reliance Industries is set to deliver its best ever quarterly earnings on Friday. Its fourth quarter standalone net profit is expected to be at Rs 6,000 crore, a growth of 18 percent compared to Rs 5,085 crore in third quarter of financial year 2014-15, according to the average of estimates of analysts polled by CNBC-TV18.
- Jan 16, 2015 08:28 PM IST
According to Reliance Industries CFO, Anil Agarwal the company is very satisfied with the third quarter performance
- Jan 16, 2015 07:59 PM IST
Reliance Industries on Friday matched street expectations by reporting profit of Rs 5,085 crore for the December quarter, down 11.4 percent compared to Rs 5,742 crore in previous quarter on standalone basis.
- Oct 14, 2014 09:12 AM IST
Gagan Dixit, oil & gas analyst, Quant, says the petchem business is likely to double in the next 1-1.5 years.
- Oct 13, 2014 07:09 PM IST
Mayuresh Joshi of Angel Broking, market expert Ambareesh Baliga, Prayesh Jain, Associate VP - Research, IIFL along with Piyush Jain, Equity Research Analyst, Morningstar India share their outlook on RIL‘s earnings for Q2 and the way ahead for the company.
- Oct 13, 2014 12:15 PM IST
Nitin Tiwari, VP- Institutional Research, Religare Capital Markets expects Reliance petrochemical margins to be better on a sequential basis. However, RIL may post weak earnings on the back of frail US refining margins, he adds.
- Oct 13, 2014 09:07 AM IST
Analysts expect gross refining margins (GRMs) to decline in line with benchmarks, driven by lower middle-distillates cracks. Gross refining margins are likely to be between USD 7.7-8 a barrel (compared to USD 8.7 a barrel in Q1FY15).
- Aug 18, 2014 04:55 PM IST
As the earnings season winds up and most of India‘s notable corporates have posted their quarterly results updates, net profits were slightly ahead of estimates, according to projections by brokerage firm Kotak, but there was â€œlimited evidence of a meaningful upgrades to earningsâ€.