Is Reliance Industries stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Reliance Industries pays dividends. Last time was Saturday 28th of September 2024 where the investors holding the stock on Monday 19th of August 2024 were paid INR10 per share. Over the last 29 times between 1996 and 2024, Reliance Industries has paid INR224 with an average of INR7.72 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Reliance Industries 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR1 099.13, you would have made a profit of INR1 830.52 per share or 166.54%
Yes, the average daily trading liquidity for Reliance Industries is INR6.17 million. You should therefore be able to get in and out of your positions relatively fast.
Reliance Industries has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.22, the company's ability to pay off the debt is normal. Reliance Industries has a good net profit margin of 7.73% and should have high tolerances against inflation.
We have calculated the inflation risk for Reliance Industries to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.