Profits News
RIL: Elephants don't dance
After seeing the weakness in earnings of India's largest company by market capitalisation, Reliance Industries Ltd (RIL), the market is coming to the conclusion that elephants don't dance. No doubt, the company will deliver net profit in the range of Rs 20,000 crore, but don't expect more than this. The only lever of growth it has to increase profitability is in exploration and production, facing issues
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