Reliance Industries Shares Gain After Earnings Beat Street Estimates

Shares in Reliance Industries Limited (RIL) gained on Monday, breaking a three-day fall, after the conglomerate reported an increase of 7 per cent in its quarter net profit. In a regulatory filing after market hours on Friday, Reliance Industries reported a net profit of Rs 10,104 crore for the quarter ended June 30, as double-digit growth in the conglomerate's retail and telecoms businesses helped offset its worst oil refining margi...