Reliance Stock Gains More Than 1% Following Q1 Earnings Announcement
NEW DELHI: Shares of Reliance Industries climbed over 1 per cent on Monday after the company reported a record quarterly core profit and EBITDA for the June quarter, driven by strong performances across its oil-to-chemicals (O2C) and telecom businesses. The stock rose 1.48 per cent to Rs 1,346.25 on the BSE.
On the National Stock Exchange (NSE), Reliance Industries shares gained 1.40 per cent to Rs 1,345.90. Investor sentiment remained positive following the company’s strong June-quarter earnings, with record core operating performance supported by robust growth in its O2C and telecom segments.
