Reliance Industries Ltd company’s telecom and retail businesses remain central to market attention
RELIANCE Recent coverage says analysts remain bullish after earnings met estimates, with growth expected in Jio and a rebound in energy, while Reliance Retail reported gross revenue up 8.1% and continued store expansion. Reuters also noted that RIL’s oil-to-chemicals segment has been under pressure from higher crude prices and that the company had earlier declined Iranian oil shipments due to quality and compliance requirements.
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