By Sethuraman N R (Reuters) -Shares of Reliance Industries rose nearly 5% on Friday and were set for their best week in six months, as the company beat quarterly profit estimates on a boost from its retail business,

Reliance Industries Ltd on Thursday (January 16) reported a 7.4% rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose.

Reliance Industries recorded double-digit YoY increase in bottomline on strong growth in digital services and retail businesses in Q3FY25.

Shares of Reliance Industries climbed as much as 5% in early trade on Friday, after the country's most valuable company topped quarterly profit estimates on strong demand in its retail and telecom units.

Reliance Industries shares rose nearly 5% on Friday, marking their best week in six months after the company exceeded quarterly profit estimates, driven by a rebound in its retail business. Indias most valuable company,

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Reliance Industries on Thursday reported a better-than-expected third-quarter profit, helped by strong performance across its energy, retail and digital services segments.