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    RELIANCE   INE002A01018

RELIANCE INDUSTRIES LTD

(RELIANCE)
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JIO'S NEW UNLIMITED PLANS CONTINUE TO PROVIDE BEST VALUE IN THE INDUSTRY

11/29/2021 | 07:57am EST

Mumbai - In line with its commitment to further strengthen a sustainable telecom industry, where every Indian is empowered with a true digital life, Jio today announced its new unlimited plans. These plans will provide the best value in the industry. Upholding the Jio promise of providing the best-quality service at the lowest price globally, Jio customers will continue to be the biggest beneficiaries.

About Reliance Jio Infocomm Limited:

Reliance Jio Infocomm Limited, a subsidiary of Jio Platforms Limited, has built a worldclass all-IP data strong future proof network with latest 4G LTE technology. It is the only network conceived and born as a Mobile Video Network from the ground up and supporting Voice over LTE technology. It is future ready and can be easily upgraded to support even more data, as technologies advance on to 5G, 6G and beyond.

Jio has brought transformational changes in the Indian digital services space to enable the vision of Digital India for 1.3 billion Indians and propel India into global leadership in the digital economy. It has created an eco-system comprising of network, devices, applications and content, service experience and affordable tariffs for everyone to live the Jio Digital Life. As part of its customer offers, Jio has revolutionised the Indian telecom landscape by making voice calls for Jio customers absolutely free, across India, to any network, and always. Jio makes India the highest quality, most affordable data market in the world so that every Indian can do Datagiri.

Contact:

Reliance Jio Infocomm

E: Jio.CorporateCommunication@ril.com

T: 022-79653591

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2022 6 936 B 93 270 M 93 270 M
Net income 2022 579 B 7 786 M 7 786 M
Net Debt 2022 212 B 2 846 M 2 846 M
P/E ratio 2022 28,0x
Yield 2022 0,33%
Capitalization 15 748 B 212 B 212 B
EV / Sales 2022 2,30x
EV / Sales 2023 1,97x
Nbr of Employees 236 334
Free-Float 49,4%
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Technical analysis trends RELIANCE INDUSTRIES LTD
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 31
Last Close Price 2 477,85 INR
Average target price 2 679,24 INR
Spread / Average Target 8,13%
EPS Revisions
Managers and Directors
Mukesh Dhirubhai Ambani Chairman & Managing Director
Srikanth Venkatachari Joint Chief Financial Officer
Alok Agarwal Joint Chief Financial Officer
Savithri Parekh Secretary & Compliance Officer
Dipak Chand Jain Independent Non-Executive Director
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