Reliance Industries shares fall nearly 5% as COVID-19 hits oil business

Reliance Industries shares fall nearly 5% as COVID-19 hits oil business
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27.01.2021

MOSCOW (MRC) -- Shares of Reliance Industries Ltd fell as much as 4.7% in early trade on Monday after the Indian conglomerate posted a sharp drop in quarterly revenue from its dominant oil-to-chemicals business, reported Hydrocarbonprocessing.Reliance, which operates the world's largest refining complex, said on Friday revenue from its oil-to-chemicals division fell nearly 30% in the thre

Full article at mrcplast.com

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