Their revenue will increase from higher-than-average refining margins, increasing profits. The company will continue to show record profits.
Dipak Acharya
company
We may see some consolidation at the current levels during the earnings season. Everyone is sitting on cash, so the market is not expected to crash.
market cash
Reliance is leading the charge as most people in the market expect it to surpass estimates. There is also a fair amount of short-covering that is helping the market.
estimates people fair helping market
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