To put into perspective, Jio, in the best case, will make a net profit of $3.6bn in FY22; At FY22 PE of 20x, RIL's 67% stake in Jio accounts for only 30% of its mkt cap of $155bn
— Third Side (@_ThirdSide_) July 15, 2020
So, non-Jio old economy biz of RIL with $4.6bn net profit in FY20 (say, FY22 too) is trading at 23x pic.twitter.com/5VUS7Z8we7
via Twitter https://twitter.com/_ThirdSide_
July 15, 2020 at 06:28PM
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