RIL Earnings Expectations: Strong Refining & Steady Retail, But What's Next for the Stock?

Probal Sen, VP Equity Research, ICICI Securitie discusses Reliance Industries' upcoming earnings report. The refining business is expected to boost OTC segment earnings, with strong refining margins driving growth. Retail shows steady growth, but not at the rapid pace seen in the past. The stock has been stagnant, and while earnings are strong, the market seeks additional triggers. The future depends on developments in new energy businesses and market signals. Material triggers might be lacking, but the stock's fallen value warrants review. Target price: around 2650. Watch the complete video now to know more.
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