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RIL Q1: Brokerages remain bullish, say numbers in-line

JP Morgan said RIL’s operating profit was stable and the stock now offers many potential catalysts. RIL reported a consolidated net profit of Rs 18,258 crore for the June quarter, down 5.9% year-on-year, with weak performance in the petroleum to chemicals segment partially offsetting the strong growth of its consumer businesses. Analysts continued to be …

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