12 Mar 2026 | 3 Mins Read
RIL's worth wipes out by nearly Rs 3 lakh crore this year
Flipitmoney
Reliance Industries' shares fell 11% in 2026, erasing nearly Rs 3 lakh crore in investor wealth due to weak refining margins, heavy capital expenditure, and a lack of near-term catalysts. Analysts attribute the decline to macro pressures, transition phases in new businesses, and softer refining and petrochemical margins.