Reliance Share Price | Reliance share fell 15% in 1 month, do not miss the opportunity to buy, it will become rich in future also – NSE: Reliance
Reliance Share Price | Reliance Industries Limited Company shares in shares for more than a month (NSE: Reliance) The decline has started. On Monday, October 4, Reliance Industries shares were trading at Rs 1,292.45 with a decline of 3.45 percent. This is the biggest fall in the last one month. Reliance Industries shares reached nine-month low intraday. (Reliance Industries Limited Company Excerpt)
Reliance Industries Limited Company Share has given a breakdown after 8 sessions of consolidation. Reliance Industries shares are currently trading below key short-term and long-term moving averages of 10-day, 20-day, 50-day, 100-day and 200-day exponential moving averages.
Free Bonus Shares – Stock starts falling again
Reliance Industries Limited issued 6,766,186,449 fully paid-up bonus shares of Rs 10 per share in the ratio of 1:1 on October 29. This means that eligible members received one new fully paid-up share for every share they held till the record date of October 28, 2024. Reliance Industries Ltd shares have declined since the company announced a plan to give free bonus shares to shareholders in September. On Tuesday (November 5, 2024), the stock was trading at Rs 1,302, down 0.04%.
How much return did the stock give?
In the last one month, Reliance Industries Limited shares have fallen by more than 15 percent. Reliance Industries Ltd shares have remained flat with a marginal decline of 0.2 per cent so far in 2024. RIL has given 10.51% returns in the last one year. The stock has given 80.52% returns in the last one year. It has also given a return of 4775% to long term investors.
HDFC Securities Brokerage Firm – ADD Ratings
HDFC Securities brokerage firm has given ADD rating to Reliance Industries Limited company shares after the second quarter results. HDFC Securities brokerage firm's optimism is based on three main factors. Improving O2C business, ARPU and unlocking value potential in scrubber and retail segments.
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