Shares of Reliance Industries (RIL) slipped nearly 2% on Friday afternoon, even as Chairman Mukesh Ambani unveiled a series of major announcements at the company's 49th annual general meeting (AGM), including a key update on the much-awaited Jio IPO.
The stock fell as much as 2% to Rs 1,307.40 on the NSE, valuing India's most valuable company at over Rs 17.72 lakh crore.