Reliance Industries Shares Fall As June Quarter Revenue Drops 44%

Reliance Industries shares declined nearly 2 per cent in early trade on Friday, a day after billionaire Mukesh Ambani-led oil-to-telecom conglomerate reported a 31 per cent jump in net profit to Rs 13,233 crore in the April-June period. The Reliance Industries Limited (RIL) stock fell as much as 1.80 per cent to Rs 2,070.70 apiece on the BSE compared to its previous close of Rs 2,108.65, after starting the session at Rs 2,125.00. The...