According to the information given to the stock markets, the company had a net profit of Rs 9,567 crore in July-September, compared to Rs 11,262 crore in the same period a year ago.
Let me tell you, Reliance shares have fallen more than 20 percent in the last one and a half months from the upper levels. In the midst of the Corona crisis, shares were seen rising steadily due to foreign investment in RIL. On 16 September, RIL’s stock touched a level of 2,368.80. Which is the highest level ever.
However, the company’s stock has given more than 25 per cent returns to investors since January. RIL is the largest company in the country in terms of market cap, which is also the only company in India to cross the Rs 15 lakh crore mark. But the stock has been seeing pressure since last month.