RIL shares fall 2% after company misses Q1 earning’s estimates. Should you buy?
Reliance Industries shares fell over 2% in Monday’s trade after the company reported lower-than-estimated June quarter earnings. Following the earnings, Goldman Sachs recommended a ‘Buy’ while Nuvama also took a ‘Buy’ view. Kotak Institutional Equities, however, downgraded the scrip to ‘Add’.
