Reliance Industries saw a positive impact of demonetization on its organized retail business, but petrochemicals demand growth has affected.
As per report, RIL petrochemicals business did well, but not without interruptions, which are temporary. On account of demonetization domestic demand growth slowed down during the quarter. However, demand is expected to perk up as the effects of demonetization are wrapped up and the economy readjusts to the new normal.
