Reliance Industries shares surge 12 percent after Q2 results
By United One News · AI-generated summary of 3 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
Reliance Industries shares surged twelve percent following a reported forty percent rise in second-quarter net profit.
- The Mukesh Ambani-led conglomerate reported a consolidated net profit of twenty-five thousand five hundred forty-eight crore rupees in the second quarter.
- Net profit rose forty point sixty-four percent year-on-year compared to eighteen thousand one hundred sixty-five crore rupees in the previous year.
- Major brokerages maintained a bullish view on the stock following the quarterly financial results.
- The stock led the Nifty fifty gainers and marked its biggest single-day gain since April 2020.
Covered by 3 outlets across the spectrum: 33% left, 67% center, 0% right.
How each side framed it
M&M Shares Jump 6% As Q2 Profit Beats Estimates; What Drove The Rally?
Reliance Industries shares surge 12%, biggest single-day gain since April 2020
Timeline
First to report: Business Today (); 3 articles from 3 outlets so far.
Who is covering this story
- Left-leaning (1): NDTV
- Center (2): Business Today, The Hindu BusinessLine
Sources
- Reliance Industries shares surge 12%, biggest single-day gain since April 2020 — Business Today (center) ·
- Reliance shares jump as brokerages maintain bullish view after Q2 results — The Hindu BusinessLine (center) ·
- M&M Shares Jump 6% As Q2 Profit Beats Estimates; What Drove The Rally? — NDTV (left-leaning) ·