Reliance Industries: A Leaf From Its Own Book, Reiterate Huge Value Unlocking, Says Motilal Oswal 

Reliance Industries: A Leaf From Its Own Book, Reiterate Huge Value Unlocking, Says Motilal Oswal

A Reliance Industries Ltd. petrochemical plant is pictured at night in Jamnagar, Gujarat, India. (Photographer: Rajan Chaughule/Bloomberg News)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Reliance Industries Ltd. in a recent presentation announced initiation of the formal process of carving out the oil-to-chemical business into a wholly owned independent subsidiary.

The company has clearly become a case study at many ivy leagues after raising Rs 2,202 billion during the Covid-19 pandemic.

After selling stakes in both Reliance Jio and Retail, it now used a leaf from its own book.

The move to merge the refining and petchem businesses, coupled with its net cash status, may attract investments in the O2C business as well (a perfect replica of RJio deals).

Click on the attachment to read the full report:

Motilal Oswal RIL Company Update.pdf
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