While it is not known what s on the top of to-do list for Mukesh Ambani in 2024, investors of Reliance Industries are anxiously awaiting the listing of Reliance Jio and Reliance Retail. The IPOs will not only lead to value unlocking for 37 lakh shareholders of RIL but can also act as a re-rating trigger.
Brokerages claimed that despite reporting a consolidated net profit of Rs 17,955 crore the consolidated EBITDA and PAT of RIL were below their estimate.