252
Date 29.04.2025
Relaince
Timeframe : Weekly Chart

*Important note :
Extended neckline 1414 is now next make or break resistance/breakout zone ahead of the stock. Time for partial profit booking

Important support = 1323

Some weakness :

1 The company has delivered a poor sales growth of 10.1% over past five years.
2 Company has a low return on equity of 8.89% over last 3 years.
3 Dividend payout has been low at 9.84% of profits over last 3 years

Stock PE Ratio = 27.1

1 Oil to Chemicals (O2C):

This segment, which includes refining, petrochemicals, and polymers, generated the highest revenue in FY24, it reached ₹5,64,749 crore.

2 Retail:

Reliance Retail, which operates a wide network of physical stores and online platforms, is another significant revenue contributor in FY24, its revenue was ₹3,06,848 crore.

3 Digital Services (Jio):

Reliance's telecom business, Jio, which offers mobile, broadband, and digital services, generated ₹1,32,938 crore in revenue in FY24.

4 Oil & Gas E&P:

The Oil and Gas Exploration & Production segment contributed ₹24,439 crore to the total revenue in FY24.

5 Media and Entertainment:

This segment, which includes TV networks, digital platforms, and content production, generated ₹10,826 crore in revenue in FY24.

Regards,
Ankur

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