Business Standard

How to trade in Reliance Industries post Q3 results? Check key levels

After evaluating the RIL shares on all three time frames; short-term, medium-term and long-term, it appears to be positive as long as it shields the support of Rs 2,200 levels.

reliance industries, RIL
Premium

On a broad perspective, the RIL stock has gone sideways

Avdhut Bagkar Mumbai
Shares of Mukesh Ambani owned Reliance Industries were in the spotlight on Monday after the company reported it Q3FY23 results on Friday after market close. While there is a growth in revenue in the quarter ended December, the net profit declines 15% compared to the last year quarter. 

It reported total revenue of Rs 2.20 lakh crore, a rise of 15 per cent compare to the Rs 1.91 lakh crore during the same quarter last year. Net profit declined to Rs 15,792 crore from Rs 18,549 of the previous year. 

Reliance Industries posted a beat on EBITA, which stood at

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in