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.
India Business News: Reliance Industries (RIL), led by billionaire Mukesh Ambani, on Monday announced its quarterly earnings for the January to March period. After the release of these results, several brokerages have raised their target prices for the company's stock.
RIL Q4 results today: Prabhudas Lilladher expects RIL to log 10.7 per cent YoY drop in profit at Rs 17,230 crore. PL sees sales rising 13.7 per cent YoY to Rs 2,42,020 crore. Margin is seen at 17.6 per cent, down 50 basis points over 18.1 per cent YoY.