Rising debt, finance costs take a toll on RIL’s shares2 min read 05 Aug 2019, 09:30 PM IST
Stock also comes under heavy selling pressure on lower refining margins
Credit Suisse has slashed the stock’s target price and has downgraded it to underperform
Shares of Reliance Industries Ltd (RIL) have fallen 17.9% since May, with the index heavyweight coming under heavy selling pressure. The stock fell 3.48% on Monday to close at ₹1,143.00 on the BSE.
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