Reliance Industries investors have had a difficult 2026 so far. The stock has lagged the market and erased about Rs 3.53 lakh crore in investor wealth this year, putting focus on whether the June-quarter results can help revive sentiment.
RIL shares have been under pressure for much of the year as investors weighed slower retail growth, weakness in the oil and gas business, pressure on its refining cash cow and the absence of a strong trigger from the company’s consumer businesses. The stock was recently trading nearly 20% below its 52-week high of Rs 1,611.20, reached on January 5.
