Reliance Industries Share Price: Mukesh Ambani's Reliance Industries has disappointed its investors in 2024. The stock of India's largest market capital company is on the verge of ending the year 2024 with negative returns. Although Reliance Industries issued bonus shares in the month of October, its shareholders are in trouble. If Reliance ends 2024 with negative returns, it will be the first time in 10 years that the stock of Mukesh Ambani's company ends the year with negative returns.
Lost all the gains (Reliance Industries Share Return In 2024)
According to BSE Analytics (data till December 17), Reliance Industries shares have lost all its gains in 2024. The stock has declined by 3.85 per cent in 2024. Reliance Industries shares had touched a new all-time high of Rs 1,608.95 on July 8, 2024.
At that time, the company's market capital had crossed the Rs 20 lakh crore mark. However, after that, its market capital fell by more than 20 percent due to a decline in its shares by more than Rs 4.4 lakh crore.
Which year gave how much return
- In 2015, Reliance shares gave a great return of 13.63 percent
- It gave a positive return of 6.67 percent in 2016
- Gave a huge return of 70.55 percent in the year 2017
- Reliance Industries shares continued their stellar rally in 2018, 2019, 2020, and 2021, delivering returns of 21.71 per cent, 35.06 per cent, 32.33 per cent, and 19.32 per cent, respectively
- Reliance Industries shares gave a return of 7.6 percent and 1.44 percent in 2022 and 2023 respectively
--Advertisement--