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

Dununu.com Dununu

Patrocinado

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

RSS Feed Business

Postado

48

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

Faça Login para curtir, compartilhar e comentar!

Not just a job: 9 careers Gen Z is preferring over the 9–5

Por 0 8

How the Israel-Gaza war triggered historic federal action against Columbia University

Por 0 8

The bizarre conspiracy theory behind the new South Park episode mocking Donald Trump

According to a viral thread by @Bloomser1, the new South Park isn’t just...

Por 0 10

'Don't worry, we can mix languages': PM Modi eases translator's English slip, then uses same language to deliver fierce message Khalistani extremism

Por 0 12

Tesla slumps, Alphabet jumps: Google's parent company stock gains 3% on AI spend, Tesla drops 9% after Q2 result

Alphabet's shares surged following strong earnings and increased AI investment, boosting related...

Por 0 14