
Reliance Industries is expected to report a strong Q1 performance, with investors closely tracking its oil-to-chemicals, Jio, and retail businesses. Kranthi Bathini, Director of Research, WealthMills Securities, believes higher crude oil prices could support the O2C segment, while Jio is likely to post healthy growth ahead of its much-awaited IPO. He says the retail business may remain relatively subdued, but overall earnings are expected to improve. The market will also watch Jio’s ARPU trends and management commentary, as these could play a key role in shaping investor sentiment towards Reliance shares.