Nifty 50 heavyweight opens higher ahead of earnings

Nifty 50 heavyweight opens higher ahead of earnings

Reliance Industries Q3 Results Live: All eyes will be on the oil-to-telecom-to-retail conglomerate Reliance Industries Ltd., as it reports its December quarter results later in the day. The stock has been in focus through the final quarter of 2024 as the company underperformed the index. In fact, 2024 was the first instance in a decade that the stock delivered negative returns in a calendar year, that too, in a year where it issued bonus shares to its shareholders.

Reliance Industries Q3 Results Live: All eyes will be on the oil-to-telecom-to-retail conglomerate Reliance Industries Ltd., as it reports its December quarter results later in the day. The stock has been in focus through the final quarter of 2024 as the company underperformed the index. In fact, 2024 was the first instance in a decade that the stock delivered negative returns in a calendar year, that too, in a year where it issued bonus shares to its shareholders. Reliance Industries shares have corrected over 20% from their peak and brokerages are starting to warm up to the Nifty 50 heavyweight, calling risk-reward “attractive” post the correction. We will keep you updated with all the happenings through the course of the day and also talk about what the street is expecting from the stock later today.
“Bhai Mera Raasta Mat Roko”: Virat Kohli Frustrated By Fans On His Way To Alibaug. Video Previous post “Bhai Mera Raasta Mat Roko”: Virat Kohli Frustrated By Fans On His Way To Alibaug. Video
Holyhead ferries set to resume after six-week port closure Next post Holyhead ferries set to resume after six-week port closure

Leave a Reply

Your email address will not be published. Required fields are marked *