Reliance shares rise after record Q1 earnings and upgrades
after close1 source ↓written by the desknot a recommendation
- 10.1% YoY increase
- 6.1%
- over the past
- 10%
Shares of Reliance Industries opened lower but recovered to ₹1,327.70, up 0.04% as of 10:20 am. The company reported record Q1 EBITDA of ₹54,067 cr, a 10.1% YoY increase, and net profit of ₹23,196 cr, up 6.1%. Despite strong earnings, the stock is down nearly 10% over the past year, underperforming the Nifty 50.
Not investment advice. For informational purposes only.