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Reliance Retail is worth $112 billion; twice as RIL's O2C business

Shortpedia

Content Team
Image Credit: NewsBytes

Reliance Retail, the retail subsidiary of Reliance Industries, is now valued at a whopping $112 billion, nearly double the valuation of its oil-to-chemical (O2C) division, as reported by Bernstein. The conglomerate's O2C division is valued at $57 billion. The report also valued JioMart Platforms, the company's e-commerce segment, at $77 billion, and the budding renewable energy business at $17 billion.