“The performance of Reliance for Q3 will blast the markets on Monday!! I would not be surprised to see the share price hitting the four-digit mark before the Budget or even within a week!!”
That’s how euphoric our Editor, Mr.SP Tulsian was, reacting to the Q3FY18 performance of Reliance Industries.
The numbers beat all estimates on three counts – the performance of the petchem was way above estimates; Digital unit, led by Jio threw up a very good show and Reliance Retail, sequentially did very well.
Here is a look into the internals of these numbers for Q3.