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Reliance Industries reports record profits but shares drop as operational performance misses expectations.
Reliance Industries reported record Q1 profits and EBITDA, boosted by the sale of Asian Paints stake and robust performance in telecom and retail.
However, shares fell by 2.7%, as operational performance in key segments fell short of expectations.
Despite the mixed results, analysts remain positive on the company's growth potential, especially in digital services.
The company aims to double EBITDA by 2029.
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Reliance Industries reporta ganancias récord, pero las acciones caen a medida que el desempeño operativo no cumple con las expectativas.