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Reliance Industries oil and gas exploration segment has shown a significant jump in performance, with a 22% increase on a sequential basis and a 50% increase on a YoY basis. The current EBITDA number for the segment stands at close to Rs 5,800 crore. Mayuresh Joshi, Head-Equity Research-India at William O Neil, expects the numbers to remain stable and increase at a reasonable pace. ....
RIL’s profit beat the Bloomberg estimate of ₹18,080 crore, but weakness in the core oil-to-chemical business is proving to be a headache for the Mukesh Ambani-led conglomerate. ....
Why Churning Money, Both Debt And Equity, Is RIL's Core Of Core Business swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.