Speaking at the company's 41st annual general meeting (AGM) in Mumbai, Mukesh Ambani, Chairman, Reliance Industries Ltd, on Thursday launched Jiophone 2, JioGigaFibre and JioGigaTV.

SP Tulsian of sptulsian.com:

RIL's refining and petrochemical sector will be driving the existing business ahead.

The focus by RIL on new sectors like education, healthcare, entertainment and agri products is going to give a good growth for Reliance Retail also.

The first 50 minutes of Mukesh Ambani's speech focused on Reliance Jio Infocomm and Reliance Retail.

RIL's JioGigaFiber router and Jio GigaFiber DTH box will be a death knell for companies like Hathway, Den Network and Dish TV.

Prakash Diwan, stock market guru:

Quite startled at the fact that Reliance Retail has added 4,000 stores.

If RIL starts focusing on retail, dependence on cyclicality on the refining and petrochemical business will no more be a negative for the stock.

The new commerce platform is all about services, which include education and entertainment.

The next disruption in fiber-to-the-home (FTTH) segment will come after RIL announce the pricing.

After launching FTTH, RIL can bundle content on mobile phones and television.

ALTBalaji kind of acquisition will start making sense after the launch of FTTH.

Karan Taurani, Senior Analyst, Dolat Capital:

The opportunity for RIL is very huge on the internet space as the broadband penetration still remains to be very low in the country.

FTTH service will really push up the broadband penetration and will impact the DTH. In my sense, it will also impact the television channel players because the viewership is moving towards the internet.

Sudip Bandopadhyay, Group Chairman, Inditrade Capital:

What RIL is planning to create in retail space is pretty unique.

We don't have a retail giant, who has both online and offline capabilities.

RIL is ideally positioned to create an online and offline giant as the company has the largest number of stores on ground, with the highest amount of footfalls and revenue.

On the other hand, RIL has an excellent online platform in Jio.

Combining RIL and Jio, it will create significant value for the Reliance shareholders.

Naveen Kulkarni, Co-Head of Research at PhillipCapital:

The integration of retail, the physical and digital platform is probably the most interesting piece of RIL AGM.

Integrating retail and digital platform might be a long-term gestation project but in terms of revenues this could be a very large.

Disclaimer: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.

First Published:Jul 5, 2018 3:54 PM IST