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RIL stock gains ground post the 45th Annual General Meeting; up over 1%
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New growth opportunities, high debt risk: How analysts interpret RIL's AGM

Analysts said that though the company is set to embark the journey of new growth opportunities in telecom, and new energy areas, it may lead to increase in near-term debt, and weaken the return ratios

Topics
Reliance Industries | Reliance Jio | Reliance Retail

Nikita Vashisht  |  New Delhi 



Reliance, Reliance Industries
Reliance Industries' shares advanced 1.6 per cent to end at Rs 2,639 apiece on the BSE on Tuesday, as against 2.7 per cent rise in the benchmark S&P BSE Sensex.

Future growth strategies spelt out by Reliance Industries' chairman at the company’s 45th Annual General Meeting (AGM), will help the company embark the journey of decadal growth opportunities in telecom, and new energy areas, analysts said. The required capital expenditure, however, may lead to increased debt in the near-term, and weak return ratios.

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First Published: Tue, August 30 2022. 09:58 IST

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