Sustained petrochemical margin weakness
Global petrochemical deltas are at multi-decade lows due to supply overhang, which could pressure O2C earnings.
RELIANCE / Q4-FY24 / risks
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Material risks this quarter
high
Geopolitical volatility impacting energy business
OPEC+ production cuts, Middle East tensions, and Russia-Ukraine conflict create uncertainty in oil prices and refining margins.
5G monetization delay
Analyst question on when 5G services will be charged; management did not provide a timeline, only cited 'larger runway'.