'It's the Last Phase of my Career...': MS Dhoni Drops a Major Hint About his Future with CSK as a Player

 

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Chennai Super Kings skipper MS Dhoni shared his feelings about getting massive crowd support wherever he plays in IPL. After his team beat Sunrisers Hyderabad on Friday at Chepauk Stadium and the fans waited for his views at the post-match presentation. Dhoni, who is 41 years old, himself admitted that it is the last phase of his cricketing career and he wants to enjoy it however long he plays in the mega Indian Premier League. There are several speculations that the ongoing season is Dhoni’s last and he is expected to announce his retirement after IPL 2023.

“Whatever said and done, it’s the last phase of my career, however long I play. It’s important to enjoy it. After two years, the fans have had the opportunity to come here and watch, feels good to be here. The crowd has given us a lot of love and affection. Not getting enough chances to bat, but no complaints," Dhoni said in the post-match presentation.

IPL 2023: Chennai Super Kings vs Sunrisers Hyderabad - HIGHLIGHTS

Chennai Super Kings registered a clinical 7-wicket win over Sunrisers Hyderabad as the bowlers put up their A-game on the table to restrict the visitors to 134/7. While Devon Conway slammed an unbeaten 77 runs to make things easy for the Yellow Army at Chepauk.

Talking about Matheesha Pathirana, whose action is similar to Lasith Malinga, Dhoni said that it’s difficult to score runs against him.

“You need time to pick his action (Pathirana). We have seen with Malinga - someone who has an awkward action and who is very consistent with line and length - it’s difficult to score off him," he added.

Dhoni won the toss on Friday but admitted that he was a bit unsure about chasing the target.

“I was hesitant to bat second because I had that feeling there won’t be a lot of dew. When there are chances dew, you have to bat second," he added.

IPL 2023 Points Table: Check Team Standings, Team Points, Wins, Losses

The legendary wicketkeeper batter further said that it was the spinners who set up the game for them in the middle overs and the pacers followed it up well in the final stage.

“Overall the middle overs was the setup. Fast bowlers bowled very well in the last few overs. I always tell them that first preference of field setting is with you," he said.

Dhoni also contributed well for the team from behind the stumps as he took one catch, claimed one stumping and produced a run-out. He mentioned it to Harsha Bhogle at the post-match presentation that he should have got the catch of the match award.

“Still they didn’t give me best catch. I felt it was a fantastic catch. A long time back I still remember one game - Rahul Dravid was keeping and he caught one like that. Definitely old, can’t shy away from that," he concluded.

Get the latest Cricket News, IPL 2023 Live Score, Orange Cap and Purple Cap holder details here

Aditya Maheshwari, Senior-Sub Editor, Sports at News18.com, wholeheartedly follows cricket and football and also reports on other sports. Follow him @...Read More 

Reliance Industries Q4 results: What should investors do when RIL stock price opens on Monday? | Mint

 

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Stock price of Reliance Industries (RIL) will react to the company's last quarter results of FY23 on Monday. It is likely the reaction would be positive as RIL's financial performance has been broadly in line with estimates.

The Mukesh Ambani-backed RIL garnered the highest ever quarterly profits driven by strong operating performance of mainstay O2C business, optimised feedstock cost, and supportive product margins. The retail and telecom arm also witnessed stable growth.

RIL announced its Q4 results after market hours on Friday. Hence, the stock price will fully witness the impact of the financial results on Monday next week.

On BSE, RIL stock finished at ₹2,348.90 apiece marginally up from Thursday's closing price of ₹2,345.70.

RIL Q4 Results Quote by Parul Rao, Research Analyst, SAMCO Securities said, "Reliance Industries seems to be hitting all the right nerves across its businesses during the January-March period ie. Q4FY ‘23. Despite being topline flat YoY, the company posted its highest-ever quarterly profits of ₹19,299 crores, a jump of 19% YoY. The consumer-facing business took a front seat and drove the earnings."

In Q4FY23, Ambani's oil-to-energy empire registered a PAT of ₹19,299 crore up by 19.11% YoY and 22.21% QoQ. EBITDA came in at ₹41,389 crore up by 21.8% YoY. O2C business reported a record EBITDA of ₹16,293 crore in Q4FY23 surging by 14.4%.

However, in Q4FY23, consolidated revenue stood at ₹211,887 crore up by 2.1% YoY but lower by 1.9% sequentially. Income from the value of sales and services came in at ₹239,082 crore up by 2.8% YoY aided by continued growth momentum in consumer businesses. Also, digital services and retail segments posted a growth of 15.4% YoY and 19.4% YoY respectively.

On the performance, Abhijeet Bora, DVP Research Analyst at Sharekhan by BNP Paribas cited that the Q4 consolidated PAT was above their estimates given the robust O2C earnings and lower tax rate of 11.6% offsetting rise in interest/depreciation cost and lower other income.

Also, Bora added, "RIL posted strong Q4FY23 performance with 7% beat in consolidated EBITDA at Rs38,440 crore (up 9% q-o-q) led by better-than-expected standalone earnings offsetting marginal miss in retail EBITDA while Jio performance was broadly in-line. Standalone EBITDA increased sharply by 20% q-o-q to Rs18,070 crore (10% above our estimate) led by strong O2C EBITDA of Rs14818 crore (up 22% q-o-q) reflecting benefit of higher gasoline cracks and feedstock optimization. Jio EBITDA was in-line with a 2% q-o-q increase to Rs12,767 crore with steady ARPU of Rs179 and net subscriber addition of 6.4 mn q-o-q. Retail EBITDA was tad lower than expectation at Rs4769 crore (up 2.4% q-o-q) due to slower revenue growth of 2.4% while margin remained stable q-o-q at 7.7%."

Furthermore, Bora said, "The company maintains a positive outlook across the O2C chain-driven business. The Oil & Gas segment is poised to be a source of significant value and sustained earnings growth in the coming years. Reliance Jio is expected to continue its leadership position with a healthy subscriber base and new offerings."

Accordingly, going ahead, Samco's analyst said, "The retail segment is positioned for strong growth as the company has been bolstering its portfolio through acquisitions and expansion. The listing of Jio Financial services will unlock new opportunities for investors."

On the valuation, Sharekhan's analyst said, "Continued strong traction in its consumer-centric business to drive strong earnings growth for RIL and likely IPO for Jio/Retail remains catalyst. RIL is our top pick and we have a Buy rating on the stock."

Avishek Datta – Research Analyst, Prabhudas Lilladher has also given a 'Buy' rating on RIL for a target price of ₹2,834 apiece ahead.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

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