Reliance Industries Is The World’s Costliest Energy Stock To Own

RIL’s over 34 percent year-to-date gain has made it more expensive than peers

Labourers sit outside a Reliance Industries construction site at the Bandra Kurla Complex in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Mukesh Ambani-led Reliance Industries Ltd. is among the world’s best performing oil and gas stock this year. And this performance comes at a steep valuation – highest among its peers.

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