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.
Their revenue will increase from higher-than-average refining margins, increasing profits. The company will continue to show record profits.
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.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.