Reliance Industries ROCE could rise to 11% in 2 years: Morgan Stanley - Moneycontrol.com

Reliance Industries ROCE could rise to 11% in 2 years: Morgan Stanley - Moneycontrol.com

Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers. The hike will boost revenue over the next four quarters as the revamped plans will restrict down-trading-led revenue leakag…

Reliance Industries' after-tax return on capital employed is likely to rise to 11 per cent in two years from the current 7-8 per cent as margins rise on the back of an increase in telecom tariffs, Morgan Stanley said on December 10. "RIL strong stock outperfo… [+3909 chars]

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