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#308 Daily Money Show: Stock Market News
Original: # 308 Daily Money Show | Money Purse Stock Market News
Takeaway
Reliance posted strong full-year FY results with 24-29% growth across revenue/EBITDA/PAT despite the broader market correction.
Summary
- 20 important market updates discussed including Reliance Industries Q4 results
- Nifty closed at 16,301; midcap index down 1.80%, smallcap down 1.61%, Bank Nifty down 0.91%
- Reliance Q4: revenue +35.1% YoY / +10.8% QoQ; EBITDA +27.7% YoY / +0.2% QoQ; PAT +20.2% YoY; full-year operating revenue +24%, EBITDA +26%, PAT +29%
- Brief discussion of weekly results from Reliance, Tata Power and Atlantic group companies
- Brief market wrap with US market context (Friday night close)
daily marketRelianceearnings
Original description
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