Why did RIL’s shares plummet despite analysts’ positive projections?

July 22, 2025

Reliance Industries’ shares experienced a decline of over 3% on Monday. This followed the release of Q1 earnings that were lower than anticipated. Investors reacted to the results and a deferred IPO plan. Despite the dip, brokerages maintain a positive outlook on the company. They foresee potential growth triggers in the near future.

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