 "Mukesh Ambani")
After a stupendous up move since March 2020 lows that more-than-doubled the Reliance Industries’ stock and took it past the Rs 1,900 mark on Wednesday and its market-capitalisation above the Rs 12 trillion mark, the rally seems to be fizzling out after the 43rd annual general meeting (AGM) of the company. The counter ended nearly 4 per cent lower on Wednesday and is trading with a modest gain of 0.4 per cent at Rs 1,850 levels as compared to 0.6 per cent gain in the S&P BSE Sensex on Thursday.
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