Reliance Industries Shares Rise 6.4% After Profit Beats Estimates
Reliance Industries' second-quarter net profit beat analysts' estimates. Its Mumbai-listed shares rose as much as 7.1% to 1,246.45 rupees before paring gains to trade 6.4% higher.
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05:11:07 AM UTC
SquawkNews
Reliance Industries shares surged nearly 7 per cent on Monday following the company’s Q2FY27 results, with consolidated net profit rising 33.8 per cent year-on-year to a record ₹29,550 crore.At 9.51 am, the stock traded at ₹1,238.80 on the NSE after rising to ₹1,244 from ₹1,164.90 previous close.Re…
By Megan CheahShares of Reliance Industries advanced after its second-quarter net profit beat analysts' estimates.The company's Mumbai-listed stock rose as much as 7.1% to 1,246.45 rupees on Monday. It has since pared gains to trade 6.4% higher, but remains on track for its largest one-day percenta…