Reliance Industries Ltd's recent underperformance was driven by weak refining margins and poor retail top-line growth. While refining margins have rebounded, retail growth remains uncertain. Despite this, Reliance is expected to deliver positive free cash flow due to its strong EBITDA and anticipated commissioning of solar capacities.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.