RIL shares plunge on Q1 miss. An opportunity to buy the stock?

Shares of Reliance Industries Ltd (RIL) plunged over 3% on the BSE in Monday’s opening deals on missing estimates in June-quarter even as its net profit jumped 46% to 17,955 crore  on the back of robust refining margins due to intake of cheaper Russian crude and fuel exports buoyed its dominant oil-to-chemicals business. 

India’s top valued company’s revenue from operations surged 55% to 2.23 trillion from 1.44 trillion. However,…



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