NEW DELHI: Reliance Industries Limited’s (RIL) share prices have fallen by nearly 5 per cent in the last two sessions, despite Mukesh Ambani’s announcement of a Rs 75,000-crore investment in ambitious green energy plans and the Group’s planned, aggressive foray into the smartphoane market in the next few months.
As of the end of Thursday’s session, RIL shares were down 2.61 per cent at Rs 2,147.80 on the National Stock Exchange (NSE), while on Friday it slumped 2.28 per cent to close at Rs 2,104.50. In contrast, the benchmark Nifty50 and Sensex indices registered a gain on these two dates.