RIL can test Rs 1050, if Q4 PAT is above Rs 5500cr: Udayan

Reliance Industries (RIL) is set to announce its fourth quarter results. CNBC-TV18’s managing editor Udayan Mukherjee says, fundamentally, it should be a good quarter. "If we do get a number above Rs 5,500 crore PAT then Reliance can get back to Rs 1,050 kind of level,” he adds.

April 21, 2011 / 17:56 IST
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Mukesh Ambani flagship company Reliance Industries (RIL) is set to report 16.8% growth in its fourth quarter net profit of Rs 5,500 crore as against Rs 4,710 crore in the quarter ended March 2010, according to CNBC-TV18 poll.

CNBC-TV18
first published: Apr 21, 2011 09:52 am

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