Mukesh Ambani-Backed Company Stock Rises 4.7 Per Cent on Strong Q3 Results, Valuation Looks Attractive?
Mukesh Ambani-Backed Company Stock Rises 4.7 Per Cent on Strong Q3 Results, Valuation Looks Attractive?

Mukesh Ambani-Backed Company Stock Rises 4.7 Per Cent on Strong Q3 Results, Valuation Looks Attractive?

RIL’s shares, which hit a 52-week low of Rs 1,202.10 on December 20, 2024, looks to have reversed their downward trend, bolstered by strong Q3 earnings

Abhishek Wani Article rating: 5.0


RIL’s shares, which hit a 52-week low of Rs 1,202.10 on December 20, 2024, looks to have reversed their downward trend, bolstered by strong Q3 earnings

Large Repeat Order from Reliance Industries: Rekha Jhunjhunwala-Held Multibagger Water Theme Stock Secures Major Win from India’s Largest Company by Market Cap
Large Repeat Order from Reliance Industries: Rekha Jhunjhunwala-Held Multibagger Water Theme Stock Secures Major Win from India’s Largest Company by Market Cap

Large Repeat Order from Reliance Industries: Rekha Jhunjhunwala-Held Multibagger Water Theme Stock Secures Major Win from India’s Largest Company by Market Cap

Shares have delivered multibagger returns of 233.55 per cent in the last year, and the stock is up by 142 per cent year-to-date

Karan Dsij Article rating: 4.5

Interestingly, the wife of the late Shri Rakesh Jhunjhunwala holds an 8.04 per cent stake in the company. Company has maintained a very high quality order book of around Rs 11,000 crore with a healthy mix of 55 per cent EPC and 45 per cent O&M.

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