Reliance Share Price Target 2024: ब्रोकरेज फर्म Systematic ने रिलायंस के शेयर के रेटिंग Hold से अपग्रेड करके Buy कर दी है। इसने टार्गेट प्राइस भी 3050 रुपये से बढ़ाकर 3145 रुपये कर दिया है.
#reliance #RIL #RILshare #Mukeshambani #RILq2results #RelianceSharePrice
~HT.178~PR.147~ED.148~GR.121~
#reliance #RIL #RILshare #Mukeshambani #RILq2results #RelianceSharePrice
~HT.178~PR.147~ED.148~GR.121~
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NewsTranscript
00:00Mukesh Ambani's Reliance Industries Limited, i.e. RIL's shares, are in focus on Tuesday
00:08because the company has announced the financial results of the current financial year, Financial
00:11Year 24-25, July-September quarter on Monday.
00:16On Tuesday, the company's share results slipped after coming, at about 1 o'clock, it is trading
00:24at Rs. 33.35, i.e. with a weakness of 1.21%, at Rs. 2711.85.
00:29In RIL's shares, from the top level of 52 weeks, a decline of more than 15% has also been seen.
00:35So, after the results, you have to buy, sell or hold Reliance Industries' shares.
00:40Let's find out what the brokerage firms have to say on this.
00:44So, first of all, let's find out how the results were.
00:48In the September quarter, Reliance's profit remained at Rs. 16,563 crores with a drop of 5%.
00:54If we talk about a year ago, i.e. the previous financial year, the profit was Rs. 17,394 crores,
01:02i.e. according to this, there was a slight decline in the Q2 quarter and it was a 5% decline.
01:08Apart from this, if we talk about the revenue, then the company's revenue has increased by
01:132.35 lakh crores with a small increase of 0.2% on an annual basis.
01:18But what is the opinion of the brokerage firms on this?
01:22The brokerage firm Systematic has upgraded Reliance's share rating from Hold to Buy
01:28and has increased the target price from Rs. 3050 to Rs. 3145, i.e. the target price has been increased.
01:36The brokerage firm says that the weak O2C and retail have reduced EBITDA,
01:41while due to the slow growth of opening new stores and the low contribution of digital and new commerce,
01:46there is a decline in retail business.
01:49In the second quarter of the current financial year, there is hope for improvement in O2C and retail.
01:54With this, Jio's ARPU i.e. Per User Average Revenue can also increase in the next 2 to 3 quarters.
02:01The brokerage firm's opinion on this is a little positive.
02:05The rating of Buy has been given and the target price has been increased.
02:08What do you have to say?
02:09Do tell us by commenting on the share of RIL.
02:12But in this video, we would also like to give you information that whenever you invest,
02:17do take the advice of your expert.
02:19Apart from this, do your own well research and then invest in any share.
02:25How did you find this information in the video? Do tell us by commenting.
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