RIL’s retail business is likely to show good recovery in the December quarter, helped by rising footfall
Reliance Industries Ltd (RIL) is expected to see consistent recovery in various businesses in 2022. Earnings prospects of its telecom business, Reliance Jio, got a boost from the much-awaited price hikes effective December. The full benefits of these price increases would start reflecting from the March quarter (Q4FY22). But subscriber additions are a key monitorable.