{"id":310969,"date":"2020-01-18T10:25:07","date_gmt":"2020-01-18T04:55:07","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310969"},"modified":"2020-01-18T10:49:23","modified_gmt":"2020-01-18T05:19:23","slug":"ril-climbs-2-5-ahead-of-q3-results-grm-expected-to-see-a-slight-fall","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-climbs-2-5-ahead-of-q3-results-grm-expected-to-see-a-slight-fall\/","title":{"rendered":"RIL climbs 2.5% ahead of Q3 results; GRM expected to see a slight fall"},"content":{"rendered":"<p>Shares of Reliance Industries (RIL) climbed over 2.5 per cent in the intra-day session on Friday ahead of its December quarter (Q3FY20) results which is scheduled to be released later in the day. <\/p>\n<p>At 12:54 pm, the stock was trading 2.42 per cent higher at Rs 1575 apiece on the BSE. During the day, it hit a high of Rs 1577.45 levels. <\/p>\n<p>For December quarter, Emkay Global Financial Services expects a slight decline in RIL&#8217;s gross-refining margin (GRM) at $9\/bbl against $9.4\/bbl in Q2 (with an impact from the freight spike) and 5 per cent volume growth. Petrochemicals&#8217; earnings before interest, tax, depreciation, and amortisation (EBITDA) is estimated to fall 12 per cent QoQ on weak margins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Reliance Industries (RIL) climbed over 2.5 per cent in the intra-day session on Friday ahead of its December quarter (Q3FY20) results which is scheduled to be released later in the day. At 12:54 pm, the stock was trading 2.42 per cent higher at Rs 1575 apiece on the BSE. During the day, it hit a high of Rs 1577.45 levels. For December quarter, Emkay Global Financial Services expects a slight decline in RIL&#8217;s gross-refining margin (GRM) at $9\/bbl against $9.4\/bbl in Q2 (with an impact from the freight spike) and 5 per cent volume growth. Petrochemicals&#8217; earnings before [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-310969","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=310969"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310969\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}