Do not expect any positive surprise from Reliance: IIFL Wealth

In a chat with ET Now, Prashastha Seth, Senior Fund Manager, IIFL Wealth, shares his views on Reliance Industries.

ET Now: Your take on Reliance Industries and what is it that you have pencilled by way of quarterly performance on Friday?

Prashastha Seth: We continue to be subdued in terms of what we expect from Reliance. We do not see any kind of positive move happening on any of the three businesses whether it is petrochem, refining or gas. So, we continue to believe that it will be a subdued quarter for Reliance. You would again see other income contributing a lot more than actually the operational performance. We do not expect any positive surprise from Reliance.