{"id":426477,"date":"2021-07-19T08:42:41","date_gmt":"2021-07-19T03:12:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=426477"},"modified":"2021-07-19T09:26:11","modified_gmt":"2021-07-19T03:56:11","slug":"rils-retail-business-likely-to-grow-3x-in-next-3-5-years-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rils-retail-business-likely-to-grow-3x-in-next-3-5-years-report\/","title":{"rendered":"RIL&#8217;s retail business likely to grow 3x in next 3-5 years: Report"},"content":{"rendered":"<p>Reliance Industries&#8217; (RIL) retail business is expected to grow three times in next the next three to five years at a robust CAGR of 35-40 per cent, said a Bernstein report.<\/p>\n<p>Digital or new commerce continues to scale up and contributes 10 per cent of sales, it said. <\/p>\n<p>It further said that, RIL&#8217;s recently announced clean energy business may well be create a valuation of about $36 billion.<\/p>\n<p>It said clean energy has the potential to be value accretive if Reliance can pull it off.<\/p>\n<p>&#8220;Most clean energy companies are trading on 2-3x P\/S. Based on capex for clean energy, we see a route to Reliance building a clean energy business, which could be worth $36bn or Rs 395\/sh,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries&#8217; (RIL) retail business is expected to grow three times in next the next three to five years at a robust CAGR of 35-40 per cent, said a Bernstein report. Digital or new commerce continues to scale up and contributes 10 per cent of sales, it said. It further said that, RIL&#8217;s recently announced clean energy business may well be create a valuation of about $36 billion. It said clean energy has the potential to be value accretive if Reliance can pull it off. &#8220;Most clean energy companies are trading on 2-3x P\/S. Based on capex for clean energy, [&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":[135,130,232],"tags":[],"class_list":["post-426477","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426477","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=426477"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/426477\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=426477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=426477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=426477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}