RIL Shares Dip after Q4 Results, Brokerages Stay Bullish Despite Cuts
Published on: April 27, 2026, 11:04 a.m. | Source: Outlook Business
Reliance Industries shares slipped after a weaker Q4 profit, dragged by its oil-to-chemicals business, even as Jio and retail posted solid growth. Brokerages including Nuvama, Antique and Elara remain bullish with Buy ratings, citing upside from a potential Jio IPO, telecom tariff hikes, new energy projects and improving refining margins.
