Friday, July 22, 2005

Reliance Industries - India

Reliance industries/Group is the India’s largest company in terms of Market Capitalization. I found some interesting numbers from the Reliance’s web-site.
  • Reliance accounts for 17% of the total private sector profit of India.
  • Reliance earns 7% of the total corporate sector profit of India.
  • Reliance accouts for 6% of the total market capitalization of the Indian stock market.
  • 25% of investors in India own Reliance stock!!
  • Has revenues of $17 billion.
  • Earns cash profit of $2.1 billion
  • Owns assets of $16.3 billion.
  • The Reliance group contributes 10% of the India’s indirect tax revenues!!
  • 13% of the BSE Sensex (DOW of India) is Reliance.
  • Reliance is 10% of the Nifty Index.
  • Exports its products to more than 100 countries.
  • Reliance's business are refining and marketing of oil and gas, petrochemicals, polyester, polymers, textiles, financial services, insurance, power, and telecom.

May I say, India’s GE?.

All disclaimers apply.

3 comments:

Manu said...

Nice compilation of facts and pretty comprehensive. Why don't you do the same for other companies like Infosys, Reliance Communications, Reliance ADA Group.

Do keep posting on your blog and carry forward the theme.

You can also visit my blog http://moneywiseindia.blogspot.com which is also on a similar theme

Anonymous said...

Do you know if Reliance stock is available for sale in the US? Thank you.

Raj said...

Reliance is an excellent company. I think there is a need for diversification and more competetion. An excellent movie that addresses this issue is,

Other People's Money (Hollywood)

Corporate (Bollywood)