BUZZ-Street View: India's Reliance Industries gains on retail strength

Reuters

2025/10/20

** Shares of India's largest co by market cap Reliance Industries RELI.NS rise as much as 3% to 1460 rupees

** Stock top gainer on benchmark Nifty 50 index .NSEI, which is up 0.7%

** Co's Q2 profit rises nearly 10% yoy

RETAIL SEGMENT BEATS EXPECTATIONS, O2C IN LINE

** Morgan Stanley ("overweight", PT at 1,701 rupees) says earnings quality strong across divisions

** Jefferies ("buy", cuts PT to 1,780 rupees from 1,785 rupees) says oil-to-chemical business in line with expectations, retail segment delivered above estimates

** Bobcaps ("buy", PT at 1,655 rupees) says retail growth momentum to continue in Q3 on festive demand, supported by GST rationalisation

** Emkay ("buy", raises PT to 1,680) says healthy quarter for RELI, driven by better than expected growth in retail segment

(Reporting by Komal Salecha)

((Komal@thomsonreuters.com;))

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12:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Street View: India's Reliance Industries gains on retail strength </title></head><body><p>** Shares of India's largest co by market cap Reliance Industries <span>RELI.NS</span> rise as much as 3% to 1460 rupees</p><p>** Stock top gainer on benchmark Nifty 50 index <span>.NSEI</span>, which is up 0.7%</p><p>** Co's <a href=\"https://laohu8.com/S/QTWO\">Q2</a> profit <span>rises</span> nearly 10% yoy</p><p>RETAIL SEGMENT BEATS EXPECTATIONS, O2C IN LINE</p><p>** <a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> (\"overweight\", PT at 1,701 rupees) says earnings quality strong across divisions</p><p>** Jefferies (\"buy\", cuts PT to 1,780 rupees from 1,785 rupees) says oil-to-chemical business in line with expectations, retail segment delivered above estimates</p><p>** Bobcaps (\"buy\", PT at 1,655 rupees) says retail growth momentum to continue in Q3 on festive demand, supported by GST rationalisation</p><p>** Emkay (\"buy\", raises PT to 1,680) says healthy quarter for RELI, driven by better than expected growth in retail segment</p><p> (Reporting by Komal Salecha)</p><p> ((Komal@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0234570918.USD","symbol_name":"高盛全球核心股票组合Acc Close","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251020:nL3N3W109K:1","article_id":"2576731881","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576731881","pubTimestamp":1760932935,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and 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