RIL gains 1% ahead of Q1 result today; stock slides 5.5% so far in FY23

RIL Q1 result: Analysts expect Reliance Industries to report a strong set of numbers in Q1FY23, driven by robust oil earnings

Reliance Industries (RIL) Q1 result preview: Reliance Industries shares rose over 1 per cent to Rs 2,517 apiece on the BSE ahead of the company's April-June quarter result (Q1FY23) later today. At 9:20 AM, the shares quoted 0.99 per cent higher at Rs 2,512, as against a 0.5-per cent gain in the S&P BSE Sensex. 

So far in the month of July, RIL shares have underperformed the market by declining 4 per cent on the bourses, as against a 4.5-per cent rally in the BSE's 30-pack index. Moreover, so far during the current financial year (FY23), shares of the Mukesh Ambani-led