📉 RIL Shares Slip After 4-Day Rally – Is It Time to Accumulate?
Shares of Reliance Industries Ltd (RIL) fell 0.45% on Wednesday to ₹1,234.35, ending a 4-session winning streak.
📊 Performance Snapshot:
- 🔻 Down 8.84% over the last 6 months
- 📉 Trading in the red despite recent investment announcements
💼 Recent Developments:
- 🛳️ RIL’s step-down subsidiary Nauyaan Tradings Pvt Ltd acquired an additional 10% stake in Nauyaan Shipyard Pvt Ltd from Welspun Corp for ₹51.72 crore
- 🌱 Announced a massive ₹65,000 crore plan to build 500 compressed bio-gas (CBG) plants in Andhra Pradesh
