In just two years, the richest person in the country, Mukesh Ambani has bought more than 20 startups and about half a dozen small companies. Because of this, this discussion has begun among those who have watched Reliance Industries (RIL), what is the motive behind Mukesh Ambani?
For the past few months, Mukesh Ambani and his mergers and acquisitions team are quite busy. He played the bet on nearly two dozen startups with a great business prospect. Last week he bought the Artificial Intelligence Platform Haptic. This deal happened in the Rs 700 crore.
RIL's half deal deals with the media and telecom sector. This shows that Ambani telecoms intend to do many new experiments even after the turmoil in the telecom market. Ambani intends to have a narrow rule in the Indian digital content market.
His acquisitions include Music Streaming Apps, Media Production House, Cable TV Networks and Artificial Intelligence Companies. Haptic customers include Samsung, Coca Cola, Future Retail, KFC, Tata Group, Oyo Rooms and Mahindra Group. Regarding these acquisitions, Akan Ambani, director of Reyana Geo, said, "Strategic investment shows that we are committed to the digital market, which will provide services to Indian customers through many languages."
In March last year, Reliance Jio announced the merger of its digital music platform Geo Music and Saawan. In India, Savan gives songs to Amazonian Alexa. The total value of both of these is more than $ 1 billion. The pair will compete with Amazon Music, Apple Music and the song.
In June last year, RIL had acquired Telecom Solutions Company Radisson for $ 7.4 million to prepare itself for the 5G, Internet of Things front. The spectrum of 5G spectrum will be auctioned in India by the end of 2019. Reliance Geo can present it by 2020.
Analysts are also looking into this. Many experts say that it will not take much time to become a new-age digital company. Reliance is rapidly strengthening its businesses, while its primary business (energy) is already strong enough.
This is the reason why the shares of Reliance Industries have tripled in the past four years. Experts believe that the return on Capital Employed (RoCE) will continue to increase due to improvement. RIL's RoCE reached 11.80 percent in FY18, which was 10 percent in FY17.
In the December quarter, RIL earned a record profit of Rs 10,250 crore. Investors are now waiting for the results of the company's March quarter. Sanjeev Bhasin of IIFL Securities has given this stock a target of Rs 1,550 in the medium term and Rs 1,750 in two years.
According to Bhasin, "RIL will continue to perform spectacularly." The volume of live will increase and the consumption of data will be high during the elections. In recent times, crude oil is also expensive, which indicates the margins of this business will be better. "
HSBC Global Research has reduced RIL's earnings estimates by 2% and 8% respectively for FY19 and FY 20 respectively. However, the brokerage has advised to buy this stock, expressing complete reliance on the company's retail and telecom business.
For more information Best Advisory Companyin Indore
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| Mukesh Ambani's intentionon |
For the past few months, Mukesh Ambani and his mergers and acquisitions team are quite busy. He played the bet on nearly two dozen startups with a great business prospect. Last week he bought the Artificial Intelligence Platform Haptic. This deal happened in the Rs 700 crore.
RIL's half deal deals with the media and telecom sector. This shows that Ambani telecoms intend to do many new experiments even after the turmoil in the telecom market. Ambani intends to have a narrow rule in the Indian digital content market.
His acquisitions include Music Streaming Apps, Media Production House, Cable TV Networks and Artificial Intelligence Companies. Haptic customers include Samsung, Coca Cola, Future Retail, KFC, Tata Group, Oyo Rooms and Mahindra Group. Regarding these acquisitions, Akan Ambani, director of Reyana Geo, said, "Strategic investment shows that we are committed to the digital market, which will provide services to Indian customers through many languages."
In March last year, Reliance Jio announced the merger of its digital music platform Geo Music and Saawan. In India, Savan gives songs to Amazonian Alexa. The total value of both of these is more than $ 1 billion. The pair will compete with Amazon Music, Apple Music and the song.
In June last year, RIL had acquired Telecom Solutions Company Radisson for $ 7.4 million to prepare itself for the 5G, Internet of Things front. The spectrum of 5G spectrum will be auctioned in India by the end of 2019. Reliance Geo can present it by 2020.
Analysts are also looking into this. Many experts say that it will not take much time to become a new-age digital company. Reliance is rapidly strengthening its businesses, while its primary business (energy) is already strong enough.
This is the reason why the shares of Reliance Industries have tripled in the past four years. Experts believe that the return on Capital Employed (RoCE) will continue to increase due to improvement. RIL's RoCE reached 11.80 percent in FY18, which was 10 percent in FY17.
In the December quarter, RIL earned a record profit of Rs 10,250 crore. Investors are now waiting for the results of the company's March quarter. Sanjeev Bhasin of IIFL Securities has given this stock a target of Rs 1,550 in the medium term and Rs 1,750 in two years.
According to Bhasin, "RIL will continue to perform spectacularly." The volume of live will increase and the consumption of data will be high during the elections. In recent times, crude oil is also expensive, which indicates the margins of this business will be better. "
HSBC Global Research has reduced RIL's earnings estimates by 2% and 8% respectively for FY19 and FY 20 respectively. However, the brokerage has advised to buy this stock, expressing complete reliance on the company's retail and telecom business.
For more information Best Advisory Companyin Indore
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