What should investors expect from Reliance Industries' 40th AGM?

MUMBAI: Oil & gas major Reliance Industries will be hosting its 40th Annual General Meeting today. This AGM is seen to be special as it comes at a time when a new pro-business Modi-government is at the Centre.

Hopes are high of a rebound in India’s economic cycle. The Street awaits Mukesh Ambani's speech to know how the largest private refiner in India would like to participate in this economic rebound.

Analysts will focus on commentary on gas prices, gas production timeline and output from KG D6 and other fields.

Ambani is expected to react to government’s indications on oil reforms as there are reports that the new government may re-work gas price calculation. The government may finalise gas price by July 01.

In the petchem segment, the street will focus on demand/pricing scenario as economy is recovering. New capex is expected to come on stream shortly.

In refining segment, impact of new coke gasification plant and refining margins outlook will be the factors that market will be interested in.

Reliance Industries' foray in the telecom sector has been talked out. Investors will be keen to know the roadmap, capex and earnings potential for Rel-Jio.

Reliance Retail has started giving profits and the company may announce new stores.

The company made big ticket entry in the media sector by acquiring controlling stake in TV18. Investors would like know how the digital media will be integrated on Rel-Jio platform.