How Reliance stock performed on AGM day in last 5 years
The annual general meeting (AGM) of Reliance Industries Limited (RIL) is one of the keenly-watched events among the business communities. The event not only sheds light not the company’s performance in the year gone by, but also sheds light on its plans for the future.
The investors too bet big on the Reliance AGM to get an in-depth understanding about the finances being utilised by the company.
Several key initiatives are expected to be announced by RIL chairman Mukesh Ambani, including a potential 20% stake sale to Saudi Aramco in the company’s oil-to-chemicals business (the deal is expected to be $75 billion), and the much-awaited 5G rollout plan.
