Reliance Industries strength lies in its ability to build businesses on a global scale and execute complex, time-critical, and capital-intensive projects, said Nuvama.
Reliance Industries Q4 results are in line with Street estimates, Reliance Q4 Results: Revenue Grows 11% to Rs 2.40 Lakh Crore, Net Profit at Rs 18,951 Crore
RIL Q4 Results preview: Clarity on the Rs 75,000 crore worth of announcements in the new energy business, growth in retail store additions, and any pricing action in telecom will be the key monitorables.
Tata Steel Ltd, BPCL Ltd, Reliance Industries Ltd and JSW Steel are seen dragging Nifty earnings, the brokerage said. In total, 17 Nifty companies are likely to report a profit growth of 20 per cent YoY and more.
Gail (India) Ltd Thursday said the company plans a capex of ₹10,000 crore for the financial year 2023-24 which will be funded through a combination of internal accruals and borrowings