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RIL shares flat after in-line Q3 results. Buy, sell or hold?

RIL s profit after tax stood at Rs 19,641 crore, surpassing D-Street expectations. Brokerages have mixed views, with Citigroup downgrading RIL but raising the target price. Sharekhan maintains a Buy rating, emphasizing strong long-term prospects. Emkay Global maintains its earnings outlook and raises the SOTP-based target price. ....

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RIL Q3 results: Nomura India shares view, stock price target ahead of earnings

RIL Q3 results: Nomura India said it sees O2C Ebitda of Rs 14,000 crore, down 14 per cent QoQ, underpinned by a decline in refining margins to $10 per barrel against $12 per barrel in Q2FY24 and the prevailing weakness in petchem.

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