Gold Silver Reports (GSR) – Reliance Industries stock At Record High Ahead Of Q4 Earnings – Shares of the Mukesh Ambani-led oil-to-telecom conglomerate rose as much as 3.6 percent to record high of Rs 1,010.70 ahead of its March quarter earnings. Below are estimates of RIL’s March quarter earnings:
🔥 Revenue seen rising 22.5 percent to Rs 89,734 crore from previous quarter
🔥 Ebitda may grow 9 percent to Rs 14,939 crore sequentially
🔥 Net profit seen 5.5 percent higher at Rs 8,923 crore
🔥 Gross refining margin expected at $11.2 per barrel from $11.6 barrel per barrel