- Growth Sectors: You expect Telecom, Retail, and Oil & Gas to be the key drivers of earnings growth.
- Offsetting Factor: This growth is likely to offset a decline in the Oil-to-Chemicals (O2C) segment.
The Reliance Industries, a large Indian conglomerate with businesses across these sectors.
- Reliance Industries Q1 Results (Expected): Analysts anticipate that Reliance’s earnings for the quarter ended June 2024 will be mixed.
- Strong Sectors: The Retail (Reliance Retail) and Telecom (Jio) segments are expected to deliver strong performance due to factors like consumer spending and rising demand for telecom services.
- Weaker Sector: The O2C segment, on the other hand, might experience a decline due to lower refining margins.
