Fresh capex likely to boost RIL’s revenue visibility and profit

RIL would be investing around $14-16 billion of capex each year across business segments for the next three years which would be nearly double that of the past two fiscal years. The street currently ascribes enterprise value (EV)/EBITDA of eight for the petrochemical business, which contributes one-third of the total fair value of the O2C business.

from Banking/Finance-Industry-Economic Times https://ift.tt/ixrlmYw