Stock market LIVE updates: Reliance Industries (RIL) is likely to see up to 14 per cent year-on-year (YoY) revenue growth to Rs 2.36 trillion in the January-March quarter (Q4FY23)
Stock market LIVE updates: Investors will react to HCL Technologies’ Q4 results, which came largely in-line with Street expectations. Besdies, they will await March quarter numbers of Reliance Industries, which is slated to report the earnings post marekt hours today. At 7:25 AM, SGX Nifty was at 17,683, up 18 points.
Oil-to-telecom major Reliance Industries (RIL) is likely to see up to 14 per cent year-on-year (YoY) revenue growth to Rs 2.36 trillion in the January-March quarter (Q4FY23), as lower windfall tax, and stronger base gross refining margins (GRMs) could drive better oil-to-chemicals (O2C) business, said analysts. READ PREVIEW HERE
Other key companies due to announce Q4FY23 results on Friday, April 21, are Bheema Cement, Aditya Birla Money, Hindustan Zinc, Prime Securities, Rajratan Global Wire, Tanfac Industries, Tejas Networks, and Wendt (India).
Also Read : Stocks to Watch: HCLTech, Cyient, Siemens, RIL, Suven Pharma, Voda Idea
Global cues
Asia-Pacific markets traded mixed on Friday as Japan’s core inflation for March came in at 3.1 per cent, unchanged from February.
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First Published: Apr 21 2023 | 7:43 AM IST