Indian company Reliance buys British company Faradion for 100 million pounds sterling.

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Indian conglomerate Reliance Industries Ltd’s said on Friday that its solar unit would buy sodium-ion battery technology provider Faradion Ltd for £ 100million, including debt. (Reporting by Chandini Monnappa Bengaluru; Editing by Shounak Dasgupta)

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Analyst Recommendations on RELIANCE INDUSTRIES LTD
Financial donations

CA 2022 6,908 billion
92 930 M
82 251 M
Net income 2022 574 billion
7,720 M
6 832 M
Net debt 2022 212 billion
2,847 M
2,520 M
PER 202226.9x
Yield 20220.34%
Capitalization 14,994 billion
201 billion
179 billion
VE / CA 20222.20x
VE / CA 20231.88x
Nbr Employees236 334
Floating39.9%

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Technical analysis trends RELIANCE INDUSTRIES LTD

Short termMiddle termLong term
TrendsNeutralNeutralBullish

Evolution of the Profit and Loss Account

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Purchase

Average recommendationACCUMULATE
Number of Analysts31
Last Closing Price

INR 2,359.10

Average course objective

2,674.10 INR

Deviation / Average Target 13.4%

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