Reliance Industries shares tumble: Why the conglomerate stock...

Dununu.com Dununu

Sponsored

Reliance Industries shares tumble: Why the conglomerate stock dropped 3% despite reporting record profit - Explained

RSS Feed Business

Posted

47

Despite Reliance Industries reporting a record quarterly profit of Rs 30,783 crore, its shares fell 2.7% due to underwhelming performance in Retail and O2C segments. While Jio's strong growth boosted investor sentiment, analysts flagged concerns over muted retail growth and O2C's EBITDA decline.

Read Full Article

Please log in to like, share and comment!

PM Oli: Pushpa Lal never compromised principles for personal gain

KATHMANDU: Prime Minister KP Sharma Oli has said that Pushpal Lal Shrestha, the founding General...

By 0 2

'100 khoon maaf karne ke liye': CM Revanth Reddy bats for Vice-President from Telangana; cites OBC neglect by NDA

By 0 2

Sanskrit Universities to link up via shared digital library

By 0 2

IND vs ENG: Yashasvi Jaiswal's acrobatic shot leaves Jofra Archer baffled - Watch

India started strong in the ongoing Test match. Yashasvi Jaiswal and KL Rahul opened the batting....

By 0 14

Surveen reflects on facing casting couch: 'It was just filthy...'

Surveen Chawla revealed the emotional challenges she faced due to the prevalent casting couch...

By 0 31