Reliance Industries Q3 results impact: Should you buy, sell or hold the stock?

“O2C was the key driver for the earnings beat (QoQ O2C EBITDA +16%) and in our view, O2C (Refining, Petrochem) and E&P should remain the key earnings drivers in CY23 as consumer business growth slows down,” said JP Morgan’s Pinakin Parekh.