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RIL Q2 Results: Nuvama sees 17% EBITDA growth, led by O2C biz. Here’s what to expect — Market Impact & AI Analysis

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RIL Q2 Results: Nuvama sees 17% EBITDA growth, led by O2C biz. Here’s what to expect

1 Oct 2026·Economic Times
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What Happened

Reliance Industries is expected to report 17% year-on-year growth in Q2FY27 EBITDA to Rs 53,700 crore, led by stronger refining margins and higher throughput, according to Nuvama Research. While the O2C business is likely to drive near-term earnings, New Energy could emerge as a key growth driver, with EBITDA projected to reach Rs 20,100 crore by FY30. Nuvama retains its Buy rating with a target price of Rs 1,766.

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AI-generated analysis is intended to assist research and should not be considered investment advice. Always perform your own due diligence before making investment decisions. Full disclaimer