Reliance industries, the country's largest company by market cap, reported consolidated profit at Rs 10,104 crore in June quarter, down sequentially by a marginal 2.5 percent but still far ahead of analyst estimates.
Profit in the corresponding period last fiscal stood at Rs 10,362 crore. Profit for the quarter was expected to be Rs 9,852 crore, according to a CNBC-TV18 poll.
Consolidated revenue grew by 13.2 percent year-on-year to Rs 1,56,976 crore, which was much higher than the CNBC-TV18 poll estimate of Rs 1.43 lakh crore.
In fact, earnings on most parameters beat analyst estimates, barring gross refining margin, which came in at $8.10 a barrel for the quarter against street expectations of around $8.50 a barrel.
The metric stood at $8.2 a barrel in Q4FY19 and $10.5 a barrel in Q1FY19.
At the operating level, earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 2 percent year-on-year to Rs 21,315 crore but margin contracted 142bps to 13.6 percent in Q1.
Reliance Jio reported profit at Rs 891 crore, showing an increase of 6.1 percent on a sequential basis.
Sir
ReplyDeleteIs there something cooking in rbl or its just a normal downfall??
I am holding 250 qty @400 in my long term portfolio.Should i continue to hold or shift to some other stock??
Exit on rise
DeleteOk
DeleteThank u sir
What could be a target for RIL on Monday.
ReplyDelete1270-1300 can be possible
DeleteAdded 1300ce at 7. Let's see what I get from it... booked loss from 1293 to 1250....
DeleteSir
ReplyDeleteYour view for RBL on Monday , because I have 3 lot of 590 ce on average of 7.5
Sir starting me aaj RBL me bahyut fast movement hua aur us movement me me Nikal Nahi paya so average karte hue 7.5 me 3 lot he , so at present heavy loss he par koi chance he recover aane Ka
Aapne 1.2 pe exit karne ko Kaha that...
I have also said to avg @4 and book @15
DeleteAnd again said to buy at 5 but movement was very fast I know but now it's just like 0 if want hold otherwise exit
Any chance to recover??
DeleteNope
DeleteGood evening brother
ReplyDeleteBooked profits in Rbl, thank you
I would like to know your view on RBL AND coalidia in Aug
Enjoy there are only few people who have made profit in RBL and you are one of them
DeleteAvoid both
Hi bro.. i made 9k in rbl but when i bought again at 5 i bough 2 lots and i lost all the profits.
DeleteWhat is your opinion on indigo for monday.
Can u create a different channel for options. As when I see yr fut calls and I take those and I book loss. Like in McD and reliance... May be what I take is getting me loss. So want to do only options..
ReplyDeleteOur channel is very small only 4100 members when it will be 25k I will think of it
DeleteMade 1K on RBL & M&M , Thanks Bro...
ReplyDeleteEnjoy
DeleteGood evening Raj sir, as per ur recommendation I am buying Tata elxsi slowly slowly.. I bought 10 shares @ 813, then 20 shares @ 740 and today 10 shares @ 705. So now I have 40 shares @ 750 approx. I want to buy total 100 shares and my 40 percent buying is complete... So now please suggest what should be my strategy or levels to buy the rest of 60 percent i.e. 60 shares.
ReplyDeleteDo what you are doing is good continue same way
DeleteI earn handsome profit in ur RBL bank ce. Thank you so much sir... One more request sir, if you give one sureshot option call of banknifty on daily or alternate days basis, it will be quite beneficial for us and in return we will give u a lot of 'Dua' or blessing. Thanks sir
ReplyDeleteThank you
DeleteEnjoy
I will try
Sir I made loss in RBL but it's my mistake that I did not exit from that.
ReplyDeleteYou continue your work your calls are awesome.
Thanks for service.
You are welcome
DeleteIt is not your fault movement was super fast
DeleteHello sir bank nifty 30200 buy at 220 today
ReplyDeleteWhat to do? Sell Monday or hold for expiry
Now rate is 68.
Exit on rise clear view
Deletepl sir provide nifty and banknifty calls too. a big profit can be made
ReplyDeleteYes
DeletePlease share your view on ICICIBank
ReplyDelete400 will be support
Delete440 is resistance
Good evening raj sir, please give ur view on Navin Fluro. i have a few shares@ 625, please suggest at what levels I should average... Thanks sir
ReplyDeleteHold currently don't avg
DeleteSir ur views on reliance on monday
ReplyDelete1300
DeleteGap up possible
DeleteAfterwards it may fall
1300 is difficult
DeleteWhat I understand is you follow only support and Resistance method.u give a buy when it's above resistance and sell below support and when it's below s3 u give cf stbt
ReplyDeleteSo, one needs to follow sl very strictly if want to earn
Also, It's rare that price goes above resistance and fire but if its below support it will somehow definitely will fall more
Yes SL is must if want to earn
DeleteHello sir. Plz share ur view on bank nifty. I m holding of 30200 . Will it further fall or there is a chance of recovery.
ReplyDeleteExit on rise near 30000
Deletei have bought reliance 1200 pe 6.5 .. quantity 2500 what should i do on Monday please advise you also gaved one call on Reliance PE
ReplyDeleteExit on rise
DeleteAnd second thing I have not suggested reliance pe
Sir I have 24 shares of tata motors average price @366 per share
ReplyDeleteShall I still hold or exit.... please suggest
Also I wanted to tell you that your calls are truly awesome...I really enjoy them
Great job Sir....Stay Blessed!!
Now it this price there is no meaning to exit just hold on
DeleteHello Raj sir,
ReplyDeleteBought mothersumi aug futures at 117. Please suggest wait hits 52 week low...
How much low and high you see it.
I can average.
Exit
DeleteThank Raj bhai... Will exit on Monday... Can I short future of mothersumi... I need to recover in heavy loses because of this.
DeletePlz advice.
No I am not saying to short
DeleteBut hold only good fundamental stock
Mothersumi fundamental is good but currently auto stocks will not move up
Hello sir
DeleteI have sold mothersumi at 108 in morning and it's now 112, lost huge.
Must say your option calls are awesome have bought indigo 1400pe at 35.
You have exited mothersumi at lower level if you have exited near 110 than it was ok but now no problem
DeleteShift to better fundamental stock
Please give your view on Amararaja
ReplyDeleteThank you
Negative
DeleteSir, What is your view on ibullhsgfin??
ReplyDeleteBearish
DeleteHi Raj, good afternoon... any views on RBL Bank levels on retracement for Monday or further downside expected?.. Thanks
ReplyDeleteYes can be expected
DeleteRaj g agr nirmala ji ne tax nahi hata FPI pe to kya share market ka the end hoga ya fir up jane ka koi chance hai
ReplyDeleteNope no end but some years will be bad for stock market
DeleteHello Sir, I am watching your views from few days back, your analysis is perfect. Thanks for letting me join your group.
ReplyDeleteSir, I am having query regarding Trident Ind. as I have purchased 1000 @
92 in sep 2017 for long term investment and I am getting dividend 6% every quarter. Need to know its long view if you suggest, any or should I go to buy more at this level of 55
First let it's result came after that take decision
DeleteThank you Sir
DeleteHi Raj Sir, is M&M stock good for long term. Please provide your views. Thank you in advance
ReplyDeleteIf get near 500 than good at this level not
Deleterajsir ceat ur view is exit on card or wait for 1100level my buy level 1100
ReplyDeleteIf your view is of 3-4 years than hold otherwise exit on rise
Delete1.Should I buy HDFC AMC at CMP or Wait for Correction?.
ReplyDeletePlease suggest a good entry level in HDFC AMC.
2.Your views on Reliance Nippon AMC at CMP.
Wait for correction in HDFC AMC
DeleteBest is HDFC AMC avoid reliance Nippon
Sir
ReplyDeleteI have 5 lot of RBLBANK 590 CE at Rs.2.10, please share your view on RBLBANK for tomorrow.
Exit
DeleteI want to talk with you about my one trade
ReplyDeleteSir i have 2 lots of bajaj auto 2700 ce at 40rs. Price what i do now
ReplyDeleteExit on rise
DeleteSir, I have two sips from last two years,Absl equity advantage fund and hdfc mid cap opportunity fund, please share your views on these sip.
ReplyDeleteContinue it
DeleteSir Im holding M&M 576 PE, should i exit or wait
ReplyDeleteBook profot
DeleteProfit*
Deleteyour views on Yesbank on tomorrow's opening?
ReplyDeleteOnly can be known tomorrow
DeleteSir Ji
ReplyDeleteJust to confirm , we are still holding Yes option
Yes
DeleteSir I am holding yes bank 95 ce as per your recommendation. What we can expect for August series. Can we hold it for 1 month
ReplyDeleteJust hold for few days
DeleteThanks sir
ReplyDeleteSir.. any view on 1440pe of kotak bank which I bought today
ReplyDeleteHold
Delete