Reliance Industries’ promoters increased their stake to 50.48% in the June quarter through market purchases worth an estimated Rs 8,500–9,000 crore. The move signals confidence despite the stock’s weak performance, earnings misses and challenges across retail and oil-to-chemicals businesses.
Reliance Industries’ promoters increased their stake to 50.48% in the June quarter through market purchases worth an estimated Rs 8,500–9,000 crore. The move signals confidence despite the stock’s weak performance, earnings misses and challenges across retail and oil-to-chemicals businesses.
<iframe src="https://hindustansphere.com/embed/cluster/6a45ad8ac4f2618e8920095e36c9136217ddc4cb" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Rs 9,000 crore bet! Reliance Industries promoters increase stake by 0.5% in June quarter"></iframe>
