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RIL eyes to increase consumer businesses profits: Report

08 Jun 2018 Evaluate

Reliance Industries (RIL) is reportedly targeting to increase its bottom-line from consumer-facing businesses viz. retail and telecoms to that of its core energy operations. The company will continue to evaluate and deploy wire line and wireless technologies for business solutions to consumers and enterprises.

Moreover, the company is all set to become one of the largest non-conventional gas producers in India through the production of coalbed methane.

RIL is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1180.40
Indian Oil Corpn. 127.60
Bharat PetroleumCorp 287.80
HPCL 331.95
MRPL 172.30
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