Traders and investors at Dalal Street will be keen to watch the TV screens post closing bell as India's largest company by market-cap Reliance Industries is all set to make the headline this evening with its quarterly results.
Mukesh Ambani's flagship company will also unveil the details of buyback program announced earlier this week. Niraj Mansingka, vice-president of institutional equities - Research at Edelweiss Securities expects RIL to declare buyback size in the range of Rs 10,000-15,000 crore. "The company will need to execute buyback to boost sentiment." he adds. He expects the company to clock profit of Rs 4511 crore in third quarter. Below is the edited transcript of MansingkaDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
