Reliance posted a 2% YoY profit increase to Rs 19,407 crore, beating expectations. Revenue surged 10% to Rs 2.64 lakh crore, driven by telecom and retail. Analysts suggest a range-bound strategy with a potential upside towards Rs 1,410-1,460, and a buy recommendation at current levels.
Suzlon Energy shares up 13.6% on rising profits
Suzlon Energy’s shares experienced a significant surge. This followed the company’s report of a fourfold profit increase for the March quarter. The company’s market capitalization