Reliance Industries gains ahead of Q2 results

Written By Unknown on Senin, 15 Oktober 2012 | 15.45

Shares in Reliance Industries gain 0.6 percent ahead of July-September earnings due later in the day.

Analysts expect the Indian conglomerate to post net profit of 53.9 billion rupees for the quarter ended September 30, with net sales expected at 933.4 billion rupees, according to a Reuters survey of analysts.

Dealers expect Reliance's gross refining margins above USD 9.5 per barrel versus USD 7.6 per barrel in the quarter ended June.



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