Business Standard

Demerger done; here's how to trade RIL shares ahead of Q1FY24 results

The overall trend of the stock has been sideways since the end of 2021. However, striking a new all-time high could spark the next rise in the stock.

q1 results, earnings, companies, india inc, corporate
Web Exclusive Premium

RIL Q1 results

Avdhut Bagkar Mumbai

Listen to This Article

Reliance Industries shares will be in the spotlight ahead of its June quarter earning later this evening. The stock price of the Billionaire Mukesh Ambani’s firm reached all-time high a few sessions ago, prior to the demerger of its financial business.

While the stock has struggled since the start of this year, it succeeded to hit a new historic peak post June last year. 

The overall trend of the stock has been sideways since the end of 2021. However, striking a new all-time high could spark the next rise in the stock.

The major breakout for the Reliance Industries shares

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 21 2023 | 11:08 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com