What's powering the rally in Reliance Industries' stock?

Another key reason for the recent stock surge, according to analysts at Jefferies, is the hope that the government may withdraw export duties on diesel and aviation fuel

Puneet Wadhwa | New Delhi
Last Updated at December 1, 2022 11:28 IST

Mukesh Ambani, Reliance Industries

It has mostly been a one-way street for Reliance Industries’ (RIL) stock that has moved up nearly 7 per cent since November 25, 2022 to hit Rs 2750 levels now. The S&P BSE Sensex, during this period, has gained nearly 2 per cent, data shows.

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