Buy Reliance Industries Ltd, target Rs 995: Dr CK Narayan

INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Reliance Industries Ltd
with a target price of Rs 995
The current market price of Reliance Industries Ltd
is Rs 980.7
Time period given by the analyst is Intra Day when Reliance Industries Ltd
price can reach a defined target
Dr CK Narayan recommended to keep the stop loss at Rs 970. Reliance Industries Ltd., incorporated in 1973, is a large-cap company with a
market cap of Rs 621319.83 crore
Reliance Industries Ltd
key Products/Revenue Segments include Petroleum Products which contributed Rs 179438.00 Crore to Sales Value (67.70 % of Total Sales),
Petrochemicals which contributed Rs 82095.00 Crore to Sales Value (30.97 % of Total Sales), Oil Gas which contributed Rs 2787.00 Crore to
Sales Value (1.05 % of Total Sales), Others which contributed Rs 589.00 Crore to Sales Value (0.22 % of Total Sales), Other Services which
contributed Rs 132.00 Crore to Sales Value (0.04 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 116915.00 Crore, up 17.14 % from last quarter Sales
of Rs 99810.00 Crore and up 37.83 % from last year same quarter Sales of Rs 84823.00 Crore Company has reported net profit after tax of Rs
9467.00 Crore in latest quarter
Bhakta, Mr.Mukesh D Ambani, Mr.Nikhil R Meswani, Mr.P M S Prasad, Mr.Pawan Kumar Kapil, Mr.Raminder S Gujral, Mr.Yogendra P Trivedi,
Mrs.Nita M Ambani, Prof.Ashok Misra, Prof.Dipak C Jain
Company has Rajendra Co
as its auditoRs As on 31-03-2018, the company has a total of 6,334,651,022 shares outstanding