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mayurjrajyaguru
Jan 6, 2021 5:52 PM

RIL - Short Short

RELIANCE INDSNSE

Description

fourth time it is taking support
Short if breaks below
Comments
rishabhmoneycontrol2
This is the problem of almost 90% investor when a share come down due to consolidation they are just talking aout negtive. The penalty of RS40 cr was a old case of Relaince petrolium ltd and think twice how much net profits of this company on quarterly basis. Thanks to God today we all found an opportunity to add this market leader. I estimated the followings for reliance for 2021.
Year 2016 – eps RS47, year 2017 – eps RS 51, year 2018- eps Rs 61, 2019- eps Rs 67, 2020 – eps Rs 63 but for the 2021 my estimated the EPS of Rs 72, why? see the crude oil price chart of the current financial year. See from July of $42 per barrel now touch $ 49 per barrel almost near to 20 % high now and still one quarter pending for final results and no surprised to see even $ 60 plus In 4th quarter and due to that refinery margin increased. The other segments also earned a good income,
The average revenue per user in September quarter (Arpu) rose to ₹145 from ₹140 in the June quarter and ₹120 a year ago, as work from home drove data consumption higher. ... Reliance Jio's revenue from operations for the September quarter rose to ₹17,481 crore from ₹13,130 crore in the same period last year. In the 3rd quarter this further increased from Rs 145 to Rs 153.50 and Jio revenue from operation for the December end estimated Rs22,800 crore from 17481 crore.
Reliancne Retaill-q 3 2020-21 estimated near to 69% jump in earnings in compare to last year same quarter of 62.3%. My team also estimated the (EBITDA) near to RS 3148 crore in current 3 quarter in compare to Rs 2,727 crore for the third quarter of the financial year 2019-20, last year.

Reliance retail-Revenue for the 3 quarter we will see to cross Rs52000 crore in compare to last year of Rs 45,327 crore.
mayurjrajyaguru
Yes. It is old news [2008/09 case]. Everyone knows that. It has nothing to do with stock price.
ReviveTraders
reliance is struggling ...do you know sebi taken penalty of around 40 crores due to some wrong practices in share trading
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