Reliance Industries operating profit may lag estimates: StarMine

Reliance Industries Ltd's operating profit may lag consensus estimates when it reports January-March quarter results on Friday, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places a greater emphasis on forecasts by top-rated analysts, expects Reliance to report an operating profit of Rs 79.12 billion ($1.31 billion) for the quarter, compared with a consensus mean estimate of Rs 81.79 billion.

Reliance shares are trading up 0.1 percent on Wednesday.

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