{"id":413153,"date":"2021-05-03T09:27:04","date_gmt":"2021-05-03T03:57:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413153"},"modified":"2021-05-03T10:21:32","modified_gmt":"2021-05-03T04:51:32","slug":"ril-has-no-bad-surprises-but-thats-not-enough-for-stock","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-has-no-bad-surprises-but-thats-not-enough-for-stock\/","title":{"rendered":"RIL has no bad surprises, but that\u2019s not enough for stock"},"content":{"rendered":"<p>In today\u2019s unpredictable times, no bad news is good news. Investors of Reliance Industries Ltd (RIL) can take comfort from this thought. After all, its March quarter earnings announced on Friday evening had no unpleasant revelations, even as Jio\u2019s net subscriber additions are striking. <\/p>\n<p>Overall, RIL\u2019s consolidated earnings before interest, taxes, depreciation and amortization (excluding other income) for Q4 stood at \u20b923,351 crore vis-\u00e0-vis the Bloomberg consensus estimate of \u20b923,307 crore. <\/p>\n<p>As such, investors awaiting fresh triggers from RIL\u2019s Q4 earnings may be a tad disappointed. Plus, the second covid wave poses near-term risks. Analysts from Jefferies India Pvt. Ltd have cut consolidated earnings per share by 2% for FY22E to factor in the covid impact.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In today\u2019s unpredictable times, no bad news is good news. Investors of Reliance Industries Ltd (RIL) can take comfort from this thought. After all, its March quarter earnings announced on Friday evening had no unpleasant revelations, even as Jio\u2019s net subscriber additions are striking. Overall, RIL\u2019s consolidated earnings before interest, taxes, depreciation and amortization (excluding other income) for Q4 stood at \u20b923,351 crore vis-\u00e0-vis the Bloomberg consensus estimate of \u20b923,307 crore. As such, investors awaiting fresh triggers from RIL\u2019s Q4 earnings may be a tad disappointed. Plus, the second covid wave poses near-term risks. Analysts from Jefferies India Pvt. Ltd [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-413153","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=413153"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413153\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}