Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1210.75
Change Change %
-6.40 -0.53%

Updated:19 Sep, 2018, 15:59 PM IST

BSE
1210.30
Change Change %
-6.90 -0.57%

Updated:19 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
05-09-2016 Buy 1012.85 1200.00
N/A
Target Hit Long (1Y)
05-09-2017

Religare maintains buy on Reliance Industries

Reliance Jio's earnings profile would be critical for its outlook. As per the disclosed data tariffs, the average revenue per unit (ARPU) for RJio could be around Rs 400. RJio would require a subscriber base of around 40 million to break even at the EBITDA level, and about 30 million more subscribers to break even at the PBT level. We see significant benefits from RIL's investments in cyclical businesses. We maintain "buy" rating on RIL on expectations of its core earnings surging from new projects.

Top