RIL awaits Niko Resources' exit from KG-D6 gas block over default

Date: 21-01-2019

Reliance Industries (RIL) has asked Niko Resources to exit from eastern offshore KG-D6 gas block over default in payments for field development cost, but Niko Resources has sought to stall the move by invoking arbitration. Niko Resources has failed in seeking a possible buyer for its 10% stake in Bay of Bengal block KG-D6.

Reliance Industries 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.

Latest Financials

Latest Financials

 - Reliance Industries Ltd.

  Standalone Consolidated
TTM EPS (Rs) 55.81 63.47
TTM Sales (Rs. Cr.) 3,98,679 6,54,693
BVPS (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
653.65 627.28
Reserves (Rs. Cr.)
The term reserve represents a part of shareholders' equity, except for basic share capital. Reserves are created from retained earnings and shareholders' contributions in the form of share premium etc.
4,08,017 3,91,300
P/BV
Price to Book Value is the ratio of stock's market value to its book value. It gives some idea of whether investors are paying too much for what would be left if the company went bankrupt immediately. To get high returns, it is advisable to invest in a company which satisfies all the criteria set by MoneyWorks4me and which has low price to book value ratio.
1.95 2.03
PE
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
22.86 20.10
From the Market
52 Week High / Low (Rs) 1417.00/1017.00
All Time High / Low (Rs) 1417.00/9.02
Volume Traded 5,13,210
Market Cap (Rs. Cr.) 8,08,836
Equity (Rs. Cr.) 6,339.09
Face Value (Rs) 10
Industry PE
Industry price to earnings per share tells on an average, what the market is willing to pay for overall earnings in that industry. It can be used as a benchmark price to earnings ratio for the companies in that industry.
18.48
1275.95 0.00 (0.00%)
Aug 23, 18:59
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