A Holistic Look At Reliance Industries Limited (NSE:RELIANCE)
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Reliance Industries Limited (NSE:RELIANCE) due to its excellent fundamentals in more than one area. RELIANCE is a well-regarded dividend payer with a a great track record of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my high-level commentary, take a look at the report on Reliance Industries here.
Established dividend payer with proven track record
RELIANCE delivered a bottom-line expansion of 20.65% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, RELIANCE also outperformed its industry, which delivered a growth of 7.85%. This paints a buoyant picture for the company.
RELIANCE is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Reliance Industries, I’ve put together three essential factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for RELIANCE’s future growth? Take a look at our free research report of analyst consensus for RELIANCE’s outlook.
Financial Health: Is RELIANCE’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of RELIANCE? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.