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RIL's valuation premium hits all-time high of 830 bps; stock rises over 3%

It is trading at nearly 28 times its trailing earnings per share against Sensex's 19.4

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Reliance Industries | Facebook | Saudi Aramco

Krishna Kant  |  Mumbai 



reliance industries, RIL

has become one of the most expensive stocks on price-to-earnings (P/E) multiple basis in the large-cap space, with the exception of highly-valued fast moving consumer goods (FMCG) such as Hindustan Unilever, Britannia, Nestlé and .

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First Published: Fri, May 08 2020. 01:18 IST

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