"From our assessment, RIL has invested only a very small amount in buying Gapco. It will not affect the company's balance sheet at all," one Mumbai-based analyst said.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
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