Reliance Industries reports ₹10 billion PAT amid mixed earnings
after close1 source ↓written by the desknot a recommendation
- in Q4 earnings
- 12.5% YoY decline
- from current levels
- 27% upside
Reliance Industries Ltd reported a net profit of ₹10 billion, surpassing the GDP of several countries, including Bhutan and Maldives. Despite a 12.5% YoY decline in Q4 earnings, brokerages remain bullish, with projections of up to 27% upside from current levels.
Investor sentiment remains strong as leading firms maintain ‘Buy’ ratings, indicating confidence in the company's long-term growth trajectory.
Not investment advice. For informational purposes only.