Should you buy, sell or hold RIL shares after company posted better-than-expected results in Q4?

RIL posted strong Q4FY23 performance with a 7% beat in consolidated EBITDA at Rs 38,440 crore (up 9% QoQ) led by better-than-expected standalone earnings, offsetting marginal miss in retail EBITDA. Meanwhile, Jio’s performance was broadly in-line, Abhijeet Bora, DVP Research Analyst at Sharekhan by BNP Paribas said.