Petchem

Speaking at the company’s 40th AGM, Sandeep Kumar Gupta also said GAIL is widening its range of products to diversify its petrochemical portfolio for robust growth

GAIL: Why we do not see an upside in the stock after a good Q1 performance

On an absolute basis, transmission volume grew by 8.1 mmscmd QoQ, of which demand for 4-5 mmscmd came from the power sector.

Petronet LNG: No valuation comfort in this gas stock

A significant capex, entry into the cyclical petrochem business, and use-or-pay provisioning limit earnings growth potential

Reliance Q2 profit rises 18%; GRM at $10.1/bbl, petchem shines

Petrochemical major Reliance Industries' quarterly earnings beat analysts' estimates on Thursday with standalone profit rising 17.9 percent year-on-year (up 2 percent quarter-on-quarter) to Rs 7,704 crore, driven by petchem as well as refinery businesses.

RIL Q2 profit seen at Rs 7266 cr, petchem margin may be strong

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.

Has Reliance stock factored in robust Q3?

Reliance Industries put up a strong set of quarterly results, with both gross refining margins and petchem business coming ahead of many analysts' expectations.

'One of the best ever performances RIL has put up'

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.

BPCL all set to start work on Rs 5,000 cr complex in Kochi

The upcoming petchem facility, adjacent to its Kochi refinery, once completed will produce 250 million tonne speciality propylene derivative products, which are fully imported now.

IOC to invest Rs 1.75 trillion over 7 years

On the payments for Iran, IOC chairman B Ashok said the company has USD 500 million dollars in pending dues, and the government is discussing the modalities of the payment.

GAIL shares crash 8.5%; Credit Suisse retains underperform

Falling oil prices hurt both the petrochemical and LPG segment of GAIL. The profit & loss impact of petchem expansion should also keep earnings depressed, Credit Suisse said.

RIL's Rs 2 lakh cr investment adds heft to consumer biz

Reliance Industries is in transformation mode. At the end of this transformation, the group will have a more customer-centric approach, with retail and telecom playing a much bigger role in the group's business.

Key takeaways from Reliance Industries' 41st AGM

Reliance Jio, the much-awaited 4G network hogged all the limelight at the 41st Reliance Industries‘ Annual General Meet held in Mumbai today.

RIL AGM: Pros see increased competition in media, telecom

Prayesh Jain of IIFL says the chairman's vision is like magnum opus but one will have to wait and see how it pans outs. "We will have to wait for the numbers to start trickling in. It will take atleast another year for the numbers to come in, only then will more clarity emerge on the valuation front," he adds.

RIL Q3: GRM, Petchem numbers in line, says experts

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.

RIL petchem margins may improve 1-1.5% ahead: Baliga

Ambareesh Baliga is positive on RIL‘s Q3 numbers and expects the stock to perform well.

Tulsian analyses RIL's petchem performance in Q3

Reliance Industries' net profit grew 0.4 percent sequentially (0.2 percent on yearly basis) to Rs 5,511 crore in the quarter ended December 2013, largely aided by other income. SP Tulsian, SP Tulsian.com shares his views on the companies December quarter numbers.

Reliance meets expectations: What is long term trigger now?

With oil and gas major delivering a set of numbers that were in line with what the street was expecting, analysts discuss how much value the stock can create for a shareholder.

Reliance earnings as expected; E&P to do better: Taneja

Energy expert Narendra Taneja says that results from Reliance's quarterly performances were in line with the expectations. But, the E&P business will improve, going forward and petchem sector needs to pick up.

RIL earnings as expected; petchem needs to improve: Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18 that the Reliance's earnings for June quarter were in line with his expectations. However, petchem needs to improve if the market has to be happy with the company, he says.

Why Reliance Industries AGM failed to lift stock

Reliance Shares has not climbed much even after important announcements made in the 39th AGM held yesterday.

What analysts make of Mukesh Ambani's ambitious plans

Reliance, India's fourth-largest company by market value, has been under pressure from investors worried by its slowing natural gas business and its drive into consumer sectors such as telecoms and retail.

RIL beats street with refining, petchem boost: JM Fin

Mehul Thanawala, vice-president – research, JM Financial Institutional Securities explains that the performance of the refining and petchem divisions aided Reliance to beat the street‘s estimates.

RIL stock price to touch 4 digit: SP Tulsian

CNBC-TV18 interviewd SP Tulsian of sptulsian.com to know his reaction on RIL's better-than-expected performance for the quarter ending in Decmber. Tulsian expects Petchem to outperform in future as well.

RIL's petchem business to see steady growth ahead: IIFL

Prayesh Jain, oil and gas analyst, IIFL told CNBC-TV18 that the boost seen in the petchem segment was driven by the improvement in spreads rather than demand.

JP Morgan rates Reliance Industries at 'underweight'

JP Morgan's re-initiated coverage of Reliance Industries, India's biggest energy conglomerate, with an "underweight" rating and a price target of Rs 650 citing a lack of earnings growth and high valuations.