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Reliance Industries Q2 results

Discussion in 'Technical Analysis' started by ravishankar12, Nov 4, 2020.

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  1. ravishankar12

    ravishankar12 New Member

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    Hi Shabbir
    How do you read the Reliance Industries Q2 results? There is revenue and profit fall, YOY & QOQ. This is despite the huge supprt from Jio. But, apart from that how are the fundamentals? Need your valuable opinions and insights.
    Thank you
    Ravi Shankar
     
    ravishankar12, Nov 4, 2020
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  2. shabbir

    shabbir Administrator Staff Member

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    It is more like a holding company now and so don't focus on its standalone results. One has to look at all the subsidiary companies now. Saudi ARAMCO deal may make it a fully holding company only.
     
    shabbir, Nov 5, 2020
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  3. ravishankar12

    ravishankar12 New Member

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    Thank you Shabbir
     
    ravishankar12, Nov 7, 2020
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  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Nov 8, 2020
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