Reliance Industries shares extend fall to over 1 pct
30 Oct 09 03:16 PM
ET
MUMBAI: Reliance Industries erased gains of as much as 0.8 per cent and fell over 1 per cent on Friday morning, a day after it posted its fourth straight decline in quarterly profits.
A sluggish global economy has slashed oil refining margins of Reliance Industries, leading to a fourth straight fall in profit and adding to concerns for investors already unnerved by a gas-pricing dispute.