Better-than-expected performance at Reliance's retail unit is likely to support the stock in the near-term, analysts at J.P.Morgan said, adding that the stock could reverse its recent decline.

Sector analysts also expect Reliance Retail to maintain a cautious store addition strategy in Q3 in keeping with the trend of rationalizing costs. In Q2, for instance, Reliance had added 28 stores ...

Reliance Industries Ltd ... The refining-to-retail conglomerate reported a 6.6% increase in revenue to 2.43 trillion rupees, while total costs climbed 6.3% to 2.19 trillion rupees.

Jan 16 (Reuters) - Reliance Industries (RELI.NS), opens new tab beat expectations for third-quarter profit on Thursday, as its retail business benefited from strong festive demand, while its ...