InvestorQ : What is the outlook for Reliance Industries as they conduct their much awaited AGM this week?
Sam Eswaran made post

What is the outlook for Reliance Industries as they conduct their much awaited AGM this week?

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Moii Chavate answered.
6 months ago
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A recent report by Goldman Sachs expects Reliance Industries to register 10X growth in pre-tax profits purely from the retail business in the next 10 years. In short, Goldman things that retail will be the next big engine of growth at RIL. Goldman projects 6-fold increase in penetration of organized retail by FY30 with RIL gaining 15% market share. Reliance is estimated to dominate the grocery business in India, especially online grocery.

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