Buy Reliance Industries; target Rs 1158: Dr CK Narayan

INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Reliance Industries with a target price of Rs 1158
The current market price of Reliance Industries is Rs 1136.45 Time period given by analyst is Intra Day when Reliance Industries price can
reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 1124
Reliance Industries, incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 720345.86 crore) operating in
Miscellaneous sector
Reliance Industries key Products/Revenue Segments include Petroleum Products which contributed Rs 202216.00 crore to Sales Value (64.12 per
cent of Total Sales), Petrochemicals which contributed Rs 1,09,614 crore to Sales Value (34.75 per cent of Total Sales), Oil Gas which
contributed Rs 2,468 crore to Sales Value (0.78 per cent of Total Sales), Others which contributed Rs 619 crore to Sales Value (0.19 per
cent of Total Sales), Other Services which contributed Rs 440 crore to Sales Value (0.13 per cent of Total Sales)for the year ending
31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1,43,323 crore, up 11.31 per cent from last quarter
Sales of Rs 128756 crore and up 56.67 per cent from last year same quarter Sales of Rs 91,481 crore Company has reported net profit after
tax of Rs 9548 crore in latest quarter
Bhakta, Mr.Mukesh D Ambani, Mr.Nikhil R Meswani, Mr.P M S Prasad, Mr.Pawan Kumar Kapil, Mr.Raminder Singh Gujral, Mr.Yogendra P Trivedi,
Mrs.Arundhati Bhattacharya, Mrs.Nita M Ambani, Prof.Ashok Misra, Prof.Dipak C Jain.