Stock ends at the flat line ahead of earnings

Reliance Industries Q4 Results Live: Mukesh Ambani-led, oil-to-telecom-to-retail conglomerate Reliance Industries Ltd., the Nifty 50 heavyweight, will be reporting results for the January-March quarter later this evening. Analysts are expecting a mixed quarter for the company, where the consolidated Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) is likely to remain flat, while tariff hikes can aid further improvement in the Average Revenue Per User (ARPU) of its telecom business. Watch this space for all the Live updates.Reliance Industries Q4 Results Live: Mukesh Ambani-led, oil-to-telecom-to-retail conglomerate Reliance Industries Ltd., the Nifty 50 heavyweight, will be reporting results for the January-March quarter later this evening. Analysts are expecting a mixed quarter for the company, where the consolidated Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) is likely to remain flat, while tariff hikes can aid further improvement in the Average Revenue Per User (ARPU) of its telecom business. Its retail division is likely to grow on a year-on-year basis, but softness is anticipated sequentially due to the festive season high base in the December quarter. The earnings of its O2C business is likely to be mixed, while refining Gross Refining Margins (GRMs) may see a marginal rise sequentially. Lower volumes are also likely to impact its oil and gas earnings. Watch this space for all the Live update.

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