RIL shares fall to 3-month low; brokerages still not recommending ‘sell’, eyeing Jio, retail growth
Analysts say that RIL’s stock triggers have played out. Shares of Mukesh Ambani’s Reliance Industries Ltd (RIL) fell to a three-month low of Rs 1,946 per share on Monday morning, as the stock tumbled over 5%. The oil-to-telecom conglomerate reported a net profit of Rs 10,602 crore in the July-September quarter, down from Rs 15,055 …