RIL Share Price: Reliance Industries’ shares dipped 2% following a block deal involving 11.9 lakh shares. The company’s market value has shrunk by nearly $50 billion since July, attributed to a decline in earnings and a slowing economy. Despite issuing bonus shares recently, the stock has struggled, with a 5% drop in consolidated net profit for the latest quarter.
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From 90% premium, it has now come down to somewhere around 55% to 60%. But at the same time, Indian earnings estimates are also coming