Reliance Industries: A Leaf From Its Own Book, Reiterate Huge Value Unlocking, Says Motilal Oswal
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:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.