RIL shares plunge 25% from peak! Rs 5.4 lakh cr wiped out: What’s the outlook?

Reliance Industries shares have plummeted by 25% since July 8, mainly due to foreign institutional investors selling amid retail slowdown and weak refining margins. Despite a recent 4% recovery, uncertainty lingers.

​Reliance Industries shares have plummeted by 25% since July 8, mainly due to foreign institutional investors selling amid retail slowdown and weak refining margins. Despite a recent 4% recovery, uncertainty lingers.