ET Money
January 21, 2025 at 12:18 PM
Things aren’t looking great for 𝗥𝗲𝗹𝗶𝗮𝗻𝗰𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀. Sales are down, margins are under pressure, and the 𝘀𝘁𝗼𝗰𝗸 𝗵𝗮𝘀 𝗱𝗿𝗼𝗽𝗽𝗲𝗱 𝗻𝗲𝗮𝗿𝗹𝘆 𝟮𝟱% in the last 6 months. So what's happening? Is this a temporary setback or something more serious?
The upcoming January 16 Q3 earnings will show if Reliance is ready for a turnaround.
Do you have Reliance in your portfolio?
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