16/12/2024, 2:41:03 pm

Reliance Industries shares set to close the year with negative returns f...

RIL, often seen as a bellwether for the Indian stock market, and a heavyweight on the Benchmark Indices, has hit a rough patch in recent months and the stock is most likely going to end 2024 with negative returns for the first time in 10 years. This is due to underperformance in its oil & gas, petrochemical, and telecom segments, as well as delayed unlocking of shareholder value in retail sector.