RIL comes up with open offer to acquire an additional 26% stake in Hathway Cable

Date: 24-01-2019

Reliance Industries (RIL) and its group companies have come up with an open offer to acquire an additional 26 per cent stake in Hathway Cable and Datacom. Jio Content Distribution, Jio Internet Distribution Holdings along with Reliance Industries and a clutch of group companies have announced an open offer for acquisition of up to 46,02,27,170 fully paid up equity shares of face value of Rs 2 each from public shareholders of Hathway Cable and Datacom, representing 26 per cent of the expanded voting share capital, at a price of Rs 32.35 per equity share aggregating to total consideration of Rs 1,488.83 crore, payable in cash.

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) 55.7 60.99
TTM Sales (Rs. Cr.) 4,01,859 5,98,446
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
527.45 497.13
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.
3,27,993 3,08,778
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.
2.31 2.45
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.
21.84 19.94
From the Market
52 Week High / Low (Rs) 1328.75/881.00
All Time High / Low (Rs) 1328.75/9.02
Volume Traded 4,03,246
Market Cap (Rs. Cr.) 7,71,004
Equity (Rs. Cr.) 6,338.67
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.
17.3
1216.35 0.00 (0.00%)
Feb 19, 17:59
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