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What Is Reliance Retail's Real Value?
Reliance Industries has valued its step-down retail subsidiary at a premium.
10 Jul 2023, 05:54 PM IST 
A customer pushes a trolley past a Reliance Retail store in Mumbai. (Photo: Niharika Kulkarni/Reuters)
Reliance Retail Ltd. is valued anywhere between Rs 7.6 lakh crore and Rs 24.3 lakh crore. It simply depends on who you ask.Reliance Industries Ltd. has valued its step-down retail subsidiary at a premium to what has been assigned by firms hired by the company.Ernst & Young Merchant Banking Services LLP valued Reliance Retail at Rs 884.03 per share, and BDO Valuation Advisory LLP has pegged it at Rs 849 apiece, according to people in ...
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