Company: Reliance Industries Ltd. OIL & GAS RELIANCE EQ INE002A01018

Answer the following questions based on last three annual reports and stock price data of the company: 1. What is the cost of debt? 2. What is the beta-equity? Three year monthly regression of stock price returns against nifty returns. 3. What would be the appropriate assumption for risk free rate, expected market risk premium and tax rate? 4. Using CAPM, what is the cost of equity?

If possible, answer the following questions as well.

5. Using latest stock price data, what would be the WACC ? 6. How has the D/E ratio varied for the firm over the last three years? What can you interpret from it? 7. Does the firm have a buyback or dividend policy? What are the considerations involved? 8. Calculate the various working capital ratios for the last three years and comment on the working capital position of the firm.