Profit

RIL results strong, but wait for a re-rate, advise analysts

PUBLISHED ON: January 18, 2013 | Duration: 29 min, 49 sec

   
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Reliance Industries, India's biggest company by market capitalisation, posted a 24 per cent profit for the quarter ended December 2012 year on year, beating estimates. However, experts say it is advisable to wait for re-ratings and upgrades before buying the stock.
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