21 Jan 2026 | 3 Mins Read
Reliance Industries hits 5-year oversold low, should you buy?
Flipitmoney
Reliance Industries' shares have lost $29 billion in value so far in 2026, trading at its most oversold level in 5 years amid concerns over a retail business slowdown and O2C margins hit due to Russian crude oil import decline. Q3 results failed to lift the stock price, with RIL shares down 11% in 2026, its worst start to a year since 2011.