Reliance Industries shares dip over 1% after Q4 results. What are Goldman Sachs, Morgan Stanley, others saying?

April 27, 2026

Reliance Industries shares fell over 1% after reporting a 13% YoY drop in Q4 profit despite strong revenue growth. Brokerages remain largely positive, citing recovery potential in O2C, steady retail and digital growth, and improving margins, although near-term pressures persist across segments including energy and petrochemicals.

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