Reliance Industries’ telecom arm approaches DoT for in-flight connectivity licence

Date: 16-04-2019

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has approached the Department of Telecommunications (DoT) for in-flight connectivity licence, that allows service providers to offer connectivity and data services to Indian and foreign airlines.

Besides Jio, the DoT has also received a clutch of other applications including those from Ortus Communications, Station Satcom and Cloud Cast Digital.

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) 55.47 62.45
TTM Sales (Rs. Cr.) 4,00,986 6,22,809
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
639.41 611.33
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.
3,98,983 3,81,186
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.
2.00 2.09
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.
23.03 20.46
From the Market
52 Week High / Low (Rs) 1417.00/941.35
All Time High / Low (Rs) 1417.00/9.02
Volume Traded 4,49,975
Market Cap (Rs. Cr.) 8,09,812
Equity (Rs. Cr.) 6,339.04
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.
18.05
1277.50 0.00 (0.00%)
Jun 19, 18:59
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