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| Name | Jio Financial Services To Be Key Stock Driver For Reliance, Says JP Morgan |
| Video Uploader | Video From ET NOW |
| Upload Date | This Video Uploaded At 09-12-2022 04:08:14 |
| Video Discription | Foreign broking firm JP Morgan believes that Reliance Industries’ earnings should improve as petrochem, E&P, and Retail businesses pick up further, while refining remains stable and Jio would benefit from tariff hikes. The brokerage has cut FY23 EPS by 8%, but for FY24 it continues to remain bullish. The broking firm also says that the new energy remains an interesting part of RIL’s longer-term earnings and valuation thesis, but 2023 is likely going to be all about Jio Financial Services. Depending on how RIL builds out and scales up Jio Financial will likely determine how markets value RIL. Watch the video to know more. #reliance #jio #jpmorgan Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com |
| Category | News & Politics |
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