Reliance Industries Shares Fall Nearly 3% After Earnings Report

Reliance Industries (RIL) share price fell as much as 2.95 per cent on Monday, after the oil-to-telecom conglomerate's Gross Refining Margin (GRM), a measure of how much the company earns by refining a barrel of crude oil, declined 7 per cent sequentially to $8.2 per barrel from $8.8 per barrel. On Y-o-Y basis its GRMs declined 25.45 per cent from $11 per barrel, Reliance Industries said in its released on Thursday. On the NSE, share...