RIL poised for strong Q4 performance boosted by oil price surge
Mon, Apr 22, 2024 11:15 AM

RIL poised for strong Q4 performance boosted by oil price surge

A Flip by Avya Verma
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Shares of Reliance Industries are likely to gain on April 22 on expectations of the company reporting robust numbers for the quarter ended March 31, 2024. The Q4FY24 earnings of the oil-to-telecom conglomerate will be driven by a recovery in its core oil-to-chemicals (O2C) business and sustained momentum across the company’s consumer-facing telecom and retail businesses.

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