Taking note of the fact that weakness in Reliance Industries's (RIL) refining business has been counter-balanced by "solid growth" in retail and telecom (Jio) business, HSBC expects RIL's earnings momentum to accelerate in FY20 and maintains "buy" rating.
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RIL's earnings momentum set to pick up in FY20: HSBC
RIL's earnings momentum set to pick up in FY20: HSBC
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