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

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

Posted

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

Effettua l'accesso per mettere mi piace, condividere e commentare!