Madhya Pradesh may see over Rs 6.8 lakh crore in investment coming in. While no MOUs have been signed so far, the state has received expressions of interest and investment commitments from numerous corporate houses, including Tata Sons, Reliance Industries, the ADA Group, the Adani Group, and the Essar Group.
If all goes well, Madhya Pradesh may see over Rs 6.8 lakh crore in investment coming in. A majority of this will come from domestic investors. While no MOUs have been signed so far, the state has received expressions of interest and investment commitments from numerous corporate houses, including Tata Sons, Reliance Industries , the ADA Group, the Adani Group, and the Essar Group. Madhya Pradesh is banking on its large land bank of more than 26,000 hectares, the ease of land acquisition, its single-window clearance policy, its round-the-clock electricity supply and a host of labour reforms to attract foreign and domestic investment.
Reliance stock price
On October 10, 2014, Reliance Industries closed at Rs 960.30, up Rs 5.65, or 0.59 percent. The 52-week high of the share was Rs 1142.50 and the 52-week low was Rs 794.00.
The company's trailing 12-month (TTM) EPS was at Rs 68.89 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 13.94. The latest book value of the company is Rs 609.34 per share. At current value, the price-to-book value of the company is 1.58.
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