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NSE Aug 10, 2022 12:54 PM
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Reliance Industries Ltd.    
27 Jul 2022
Reliance’s record high revenues can’t hide looming macro risks
By Vivek Ananth


After delivering one of its best quarterly revenue and EBITDA performances in Q1FY23 on Friday, investors hoped Reliance Industries’ stock would have a positive start this week. But as they say in stock market parlance—' it’s all priced in’. RIL’s stock was down 3.5% on Monday while the Nifty 50 was down less than 1%.

Investors were probably feeling …

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