Reliance shares tumble 4.6%, m-cap erodes ₹88,000 crore as windfall tax returns amid oil surge
Reliance Industries shares fell 4.60% on 27 March, marking the largest drop since June 2024, amid the government reintroducing windfall taxes on fuel exports. The stock's decline has impacted its market capitalisation by nearly ₹80,000 crore, raising concerns for investors.
Reliance Industries shares fell 4.60% on 27 March, marking the largest drop since June 2024, amid the government reintroducing windfall taxes on fuel exports. The stock's decline has impacted its market capitalisation by nearly ₹80,000 crore, raising concerns for investors.
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