{"id":273981,"date":"2019-05-13T06:57:19","date_gmt":"2019-05-13T06:57:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=273981"},"modified":"2019-05-13T07:04:08","modified_gmt":"2019-05-13T07:04:08","slug":"earnings-worry-pulls-down-reliance-stock","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/earnings-worry-pulls-down-reliance-stock\/","title":{"rendered":"Earnings worry pulls down Reliance stock"},"content":{"rendered":"<p>The shares of Reliance Industries fell Rs 44.30, or 3.41 per cent, to Rs 1,255.15 on the BSE on Thursday, following a brokerage downgrade.<\/p>\n<p>Morgan Stanley downgraded Reliance to equal-weight from over-weight and warned the Mukesh Ambani company&#8217;s earnings growth could halve in the current fiscal.<\/p>\n<p>The Reliance stock has been on a downhill, falling for the fourth day in a row on Thursday.<\/p>\n<p>In four days, the shares have plunged 10.79 per cent, while its market capitalisation fell Rs 96,256 crore to Rs 7.96 lakh crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The shares of Reliance Industries fell Rs 44.30, or 3.41 per cent, to Rs 1,255.15 on the BSE on Thursday, following a brokerage downgrade. Morgan Stanley downgraded Reliance to equal-weight from over-weight and warned the Mukesh Ambani company&#8217;s earnings growth could halve in the current fiscal. The Reliance stock has been on a downhill, falling for the fourth day in a row on Thursday. In four days, the shares have plunged 10.79 per cent, while its market capitalisation fell Rs 96,256 crore to Rs 7.96 lakh crore.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-273981","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=273981"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/273981\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=273981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=273981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=273981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}