{"id":397056,"date":"2021-01-23T11:55:27","date_gmt":"2021-01-23T06:25:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397056"},"modified":"2021-01-23T12:39:27","modified_gmt":"2021-01-23T07:09:27","slug":"reliance-industries-share-price-falls-2-3-ahead-of-q3-results-retail-refining-biz-in-focus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-share-price-falls-2-3-ahead-of-q3-results-retail-refining-biz-in-focus\/","title":{"rendered":"Reliance Industries share price falls 2.3% ahead of Q3 results; retail, refining biz in focus"},"content":{"rendered":"<p>Reliance Industries Ltd (RIL) share price fell 2.3% on Friday to close at Rs 2,049 per share, just ahead of the quarterly results. Mukesh Ambani\u2019s RIL will announce its quarterly results today where eyes will be glued on how its traditional cash cow, the oil refining business is recovering and how strong growth is being recorded in the freshly carved out segments like retail. Stock price of the oil-to-telecom conglomerate has lagged the benchmark Nifty 50 since September 2020. <\/p>\n<p>Stock call: Should investors \u2018buy\u2019 RIL shares at this price? <\/p>\n<p>The stock of the largest listed private company in India, so far in 2021, has jumped 5%. However, it is still trading below its 52-week-high of Rs 2,368 per share. Analysts at Goldman Sachs find the RIL stock to be at an attractive entry point for investors. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd (RIL) share price fell 2.3% on Friday to close at Rs 2,049 per share, just ahead of the quarterly results. Mukesh Ambani\u2019s RIL will announce its quarterly results today where eyes will be glued on how its traditional cash cow, the oil refining business is recovering and how strong growth is being recorded in the freshly carved out segments like retail. Stock price of the oil-to-telecom conglomerate has lagged the benchmark Nifty 50 since September 2020. Stock call: Should investors \u2018buy\u2019 RIL shares at this price? The stock of the largest listed private company in India, so [&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":[130,195,138],"tags":[],"class_list":["post-397056","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397056","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=397056"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397056\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}