positive
Recently
Reliance gains attract rotational flows as investors price stronger multi vertical earnings visibility
Reliance gained nearly 9 percent in October as investors priced in multi vertical earnings strength, improving margin certainty and better forward business visibility across retail and core energy.
Reliance Industries posted strong monthly performance in October as investors priced in steady Q2 profit expansion across retail, consumer and core energy segments. The share price rose approximately 9 percent during the month and analysts commented that multi business leverage plus diversified earnings contribution positioned the stock well to weather volatility periods. Market watchers noted that portfolio managers used the month as accumulation window anticipating additional business momentum during upcoming festival cycle extension and refining cycle inflection points. Broker outlook remains structurally positive on mid term share delivery.