Reliance Q1 results today: Reliance Industries (RIL) will announce its June quarter (Q1) earnings on Friday, July 18, amid expectations of healthy year-on-year (YoY) growth in profit after tax (PAT) and earnings before interest, taxes, depreciation, and amortisation (EBITDA).
The Mukesh Ambani-owned oil-to-telecom-to-retail behemoth has experienced prolonged weakness in its core oil-to-chemicals (O2C) business, while the retail and telecom segments have emerged as new growth engines for the conglomerate.
Meanwhile, RIL share price has seen a solid gain of over 21 per cent this year till July 17. In comparison, equity benchmark Nifty 50 has risen nearly 6 per cent for the period.
Amid expectations of healthy earnings, investors face a tough question: Should they buy Reliance stock now or wait?
(This is a developing story. Please check back for fresh updates.)
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