Reliance Industries reported a 6.4% increase in its March-quarter net profit, driven by strong performances in its oil-to-chemicals and consumer-facing businesses. Jio Platforms saw a 25.7% rise in net profit, fueled by tariff hikes and subscriber growth. RIL’s board has approved raising ₹25,000 crore through NCDs and acquiring Kandla GHA Transmission Ltd.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.