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Why was FY23 a good year for Reliance's oil to chemical business?

Buy Stock-o-meter plus subscription- https://investyadnya.in/stock-o-meter In this video, we delve into the reasons why FY23 proved to be an exceptional year for Reliance Industries' Oil-to-Chemical (O2C) business. We kick off by providing a brief introduction to Reliance Industries, one of India's largest conglomerates, with a diversified portfolio that includes the O2C business. Then, we delve into the specific aspects that made FY23 stand out for Reliance's O2C operations. We then try to understand why Reliance began to diversify from this business in the last decade and why is it reducing its dependence from the O2C segment 0:00 Introduction 0:17 Key segments 0:53 Changing Revenue Composition 1:31 The major factor in O2C Business doing well 2:55 Reason behind high Fuel Cracks 4:54 Transportation Fuel Demand in India 5:06 O2C Business Numbers – Last Few Quarters 6:13 O2C Business – Long Term Trend Complete Fundamental Stock Analysis Tool - Stock-o-meter: https://investyadnya.in/stock-o-meter Research Based Ready-made Model Portfolios: https://investyadnya.in/model-portfolios Comprehensive Mutual Fund Reviews: https://investyadnya.in/fund-o-meter Yadnya Books and eBooks now available: On Amazon - https://amzn.to/2XKtlks On our website - https://investyadnya.in/books Find us on Social Media and stay connected: Blog - https://blog.investyadnya.in Telegram - http://t.me/InvestYadnya Facebook Page -   / investyadnya   Facebook Group - https://goo.gl/y57Qcr Twitter -   / investyadnya   LinkedIn -   / investyadnya   #InvestYadnya #YIA LEGAL DISCLAIMER: Use of this information is at the user's own risk. The Company and its directors, associates and employees will not be liable for any loss or liability incurred to the user due to investments made or decisions taken based on the information provided herein. The investment discussed or views expressed herein may not be suitable for all investors. The users should rely on their own research and analysis and should consult their investment advisors to determine the merit, risks and suitability of recommendation. Past performance is not a guarantee for future performance or future results. Information herein is believed to be reliable, although its accuracy and completeness cannot be guaranteed. The images used may be copyright of the company or third party. As a condition to using the services, the user agrees to the terms of use of the website and the services. DISCLOSURES UNDER SEBI (RESEARCH ANALYST) REGULATIONS, 2014: Yadnya Academy Pvt. Ltd. (InvestYadnya) is registered with SEBI under SEBI (Research Analyst) Regulations, 2014 with registration no. INH000008349. Disclosure with regard to ownership and material conflicts of interest 1. Neither Research Analyst nor the entity nor his associates or relatives have any financial interest in the subject Company; 2. Neither Research Analyst nor the entity nor its associates or relatives have actual / beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report or date of public appearance; 3. Neither Research Analyst nor the entity nor its associates or his relatives have any other material conflict of interest at the time of publication of the research report or at the time of public appearance. Disclosure with regard to receipt of Compensation 1. The Research Entity and its associates have not received compensation from the subject company in the past twelve months. 2. The subject company is not or was not a client during the twelve months preceding the date of recommendation.