Is Reliance Industrial 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 Industrial pays dividends. Last time was Friday 12th of July 2024 where the investors holding the stock on Wednesday 5th of June 2024 were paid INR3.5 per share. Over the last 29 times between 1996 and 2024, Reliance Industrial has paid INR91.75 with an average of INR3.16 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Reliance Industrial 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR254.65, you would have made a profit of INR909.50 per share or 357.16%
Yes, the average daily trading liquidity for Reliance Industrial is INR350 651 thousand. You should therefore be able to get in and out of your positions relatively fast.
Reliance Industrial has no real debt, which is good in periods of high inflation. Reliance Industrial has a very good net profit margin of 22.93% and should have very high tolerances against inflation.
We have calculated the inflation risk for Reliance Industrial to be low [0.3 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.