Tuesday, October 20, 2015

Reliance Industries Ltd. Result of second quarter- 2015 ( September quarter)

PONDER UPON IT..
Reliance Industries Ltd. has declared fantastic result. Profit for the quarter is Rs. 6561 Crores. if we assume result in the same line for next two quarter ,the profit will rise to Rs. 26244 crores. If we divide it by 365 days it will give net profit of Rs 71.90 crores daily . if we divide it by 24 it will give hourly net profit Rs. 2.99 crores.
Even after earning such a huge profit , it has skipped the dividend. Reliance is investing lakhs of crores in projects but only paying little dividend to its share holders. Share holders are interested to get cash dividend or good appreciation of shares in the market. Here on both criterion RIL has failed. A study carried out before by one analyst says that Reliance has give 18% return annually from its inception. The weight age RIL carry is high and is equally comparable with INFY / TCS / HUL, MARUTI/ Dr. REDDY / SUN PHARMA and so forth.
If any one compare appreciation of share prices in market of these shares one will find these all are far better then RIL. Though their performance is equal to or near to RIL's performance.The investor who has been loyal to RIL and never sold the shares of the company has been poorly benefited.
Share holders are interested in appreciation of their investment and invest in shares to make their future better. In my opinion , reliance has failed to fulfill expectation of share holders...

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