Reliance shares have seen a sharp move in the previous week in anticipation of the result. The company has, to some extent, disappointed with its numbers. Further, there is no visibility on the use of its cash of Rs 61,490 crore, which are generating a meager 7% . No signs of an improvement in its oil and gas production coupled with the ongoing litigation regarding the expense allocation of its KG Basin will act as headwinds to the share price movement.
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