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,…