Tag: Reliance Shares

Reliance shares down over 3.5% after Q3 earnings announcement

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Reliance shares down over 3.5% after Q3 earnings announcement

The firm reported almost a flat net profit of ₹18,645 crore for the third quarter. | Photo Credit: Reuters Shares of Reliance Industries Ltd declined over 3.5% on Monday (January 19, 2026) morning trade after the firm reported almost a flat net profit of ₹18,645 crore for the third quarter, as a decline in gas…

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Reliance’s $50 Billion Wipeout Shows Toll of Weak Earnings

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Reliance’s Billion Wipeout Shows Toll of Weak Earnings

Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown. Shares of the refining-to-retail conglomerate led by billionaire Mukesh Ambani have barely risen this year, trailing the benchmark NSE Nifty 50 Index by the widest…

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