RIL shares trade flat as Q3 profit drops; brokerages see up to 31% upside
Most of the brokerages have recommended “Buy” rating on RIL shares post Q3, projecting the stock to rise up to 31% from the current market price.
ril q3
January 2023
January 2022
RIL spends ₹1 lakh crore in 9 months on 5G rollout, retail expansion and Giga factories
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.
RIL Q3 results: Profit drops 15% YoY to ₹15,792 cr, revenue up 13%
The consolidated revenue from operations rose 13.3% YoY to ₹220,592 crore, driven by continuing growth in consumer businesses and higher gas realisation.
RIL Q3 results: Reliance Industries' profit soars 38% to ₹20,539 crore, revenue 52% higher
India's most valuable company by market capitalisation clocked a 52.2% increase in revenue to ₹2,09,823 crore in the quarter ended December.
