RIL shares drop 2% despite strong Q1 earnings
pre-market1 source ↓written by the desknot a recommendation
- YoY
- 78%
- ₹42,905 cr
- shares fell
- 2.39%
- as analysts noted
- ₹1,440.60
Reliance Industries reported Q1 net profit of ₹26,994 cr, up 78% YoY, with EBITDA rising nearly 11% to ₹42,905 cr. However, shares fell 2.39% to ₹1,440.60 as analysts noted the results missed expectations despite impressive figures. This decline may impact investor sentiment in the near term.
Not investment advice. For informational purposes only.