The oil and gas sector is expected to report a strong operational performance in the third quarter of FY26, with aggregate EBITDA projected to rise 17 per cent year-on-year, driven primarily by downstream and city gas segments, according to a sector preview note by Nuvama.
Reliance Industries Limited (RIL) is expected to benefit from the recent surge in diesel cracks, seasonal demand, and depreciation of INR, according to a report by JP Morgan