RIL Stocks, Reliance Share Price Updates 01 Oct 2024 Mukesh Ambani-led Reliance Industries stock ends flat - BusinessLine
| RIGD Stock | USD 60.40 0.20 0.33% |
About 62% of Reliance Industries' investor base is looking to short. The current sentiment regarding investing in Reliance Industries Limited stock implies that many traders are alarmed. Reliance Industries' investing sentiment shows overall attitude of investors towards Reliance Industries Limited.
Reliance Industries stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Reliance daily returns and investor perception about the current price of Reliance Industries Limited as well as its diversification or hedging effects on your existing portfolios.
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RIL Stocks, Reliance Share Price Updates 01 Oct 2024 Mukesh Ambani-led Reliance Industries stock ends flat BusinessLine
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Reliance Industries Fundamental Analysis
We analyze Reliance Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Reliance Industries is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Reliance Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Reliance Industries stock to make a market-neutral strategy. Peer analysis of Reliance Industries could also be used in its relative valuation, which is a method of valuing Reliance Industries by comparing valuation metrics with similar companies.
Peers
Reliance Industries Related Equities
| AXB | Axis Bank | 0.59 | ||||
| LTOD | Larsen Toubro | 0.23 | ||||
| MHID | Mahindra Mahindra | 0.28 | ||||
| SBID | State Bank | 0.60 | ||||
| TTST | Tata Steel | 1.46 |
Other Information on Investing in Reliance Stock
Reliance Industries financial ratios help investors to determine whether Reliance Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reliance with respect to the benefits of owning Reliance Industries security.