Stocks

Will RIL’s Q2 surprise market positively?

| Updated on January 08, 2018

All eyes will be on Reliance Industries on Friday as the company will announce its July-September quarter results. Analysts expect the company to report about 15 per cent rise (year-on-year) in standalone net profit. Sales are likely to rise 20 per cent on strong downstream performance and an increase in refining throughput.

An increase in the volume of paraxylene will also add to the company’s profitability during the quarter.

Published on October 12, 2017

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