In: Finance
Identify a publicly traded firm. Provide a brief financial analysis, and identify the major stakeholders.
Publicly traded firm for me will be Reliance industries. It is a publicly listed company in India which is listed on Nifty 50, and it is largest Market capitalised company in India.
It is an Indian conglomerate which has exposure to petroleum business and telecommunication business along with retail business so it is having a leadership in two of these of sectors and it is expected to gain traction in in retail sector also.
It has aimed to become debt free company till 2021 and it has fulfilled the promise in middle of 2020 by selling of its stake in Reliance jio to an extent of 15% to the players like Facebook and Google, so it can be said the telecommunication business of Reliance is getting high valuation and it is expected to list the same business in a few years also.
The profitability and market share has continuously increased and that can be reflected in the share price also as it has hit 52 week highs continuously.
The major stakeholders of this company will be Mukesh Ambani who is the richest Asian and 6th richest global person, &richest Indian as well. Reliance jio has stakeholders like Facebook to the extent of 10% and Google to the extent of 4% and other private equity players like KKR and blackstone so this company is having a wide variety of sustainable investors who can help these companies to grow larger.