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Asia

Rs 9,000 crore bet! Reliance Industries promoters increase stake by 0.5% in June quarter

Markets-Economic Times · 2h ago · 🇮🇳 India

Rs 9,000 crore bet! Reliance Industries promoters increase stake by 0.5% in June quarter

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.

Read the full story at Markets-Economic Times →

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